The Prime Minister's Office (PMO) is focussing on investing Rs 20 lakh crore in more than 500 projects. The Project Monitoring Group (PMG) that works under the PMO has cleared 276 projects, stalled due to various reasons and accounting for investment of nearly Rs 10 lakh crore, in the last two years. Another 258 projects, with investment of more than Rs 10 lakh crore, will be cleared soon.
Monitoring of implementation of 99 infrastructure projects, with investments worth Rs 3.6 lakh crore will start by the Prime Minister’s Project Monitoring Group now. The Group has already cleared the 3.6 lakh investments.