|Agency for Timely Execution of Projects|
|The information was given in Lok Sabha by Minister of State for Planning, Science & Technology and Earth Sciences Dr. Ashwani Kumar in Lok Sabha today. PMO has not given any directions for setting up a special agency to ensure timely execution of projects in the country. However, to address the issue of delays in major investment projects to be set up, an Investment Tracking System has been put in place to ensure speedy implementation of projects.|
The National Manufacturing Competitiveness Council to track all Public Sector projects with an investment of Rs. 1000 crore and above and to submit a quarterly statement to PMO of all projects monitored and issues requiring resolution.
The Department of Financial Services to monitor projects with an investment of Rs. 1000 crore and above in the private sector using data available with the banking sector for this purpose and submit a quarterly statement to PMO of all projects monitored and issues requiring resolution.