PM to now directly monitor stuck infra projects: Sources

In an impetus for the stalled infrastructure projects, the government Monday shifted the Project Monitoring Group under the ambit of the Prime Minister’s Office (PMO) from Cabinet Secretariat.CNBC-TV18 learns that this is a three-pronged strategy, where the Prime Minister himself will look into the stuck projects and will take active interest in resolving issues to fast track them.According to sources, an additional Secretary Level Officer will head the Project Monitoring Group.The Project Monitoring Group was formed under the earlier United Progressive Alliance government last year for removing bottlenecks in stalled projects involving an investment of Rs 1,000 crore or more on a time-bound basis.Till date, 314 projects worth Rs 10.5 lakh crore have been resolved and additional 19 projects worth Rs 1,00,000 crore will be taken up soon.