Project Monitoring-Invest India Cell
The Government of India has set- up a Project Monitoring-Invest India Cell (PMIC), earlier known as Project Monitoring Group, for resolving of issues and fast tracking the setting-up and expeditious commissioning of large Public, Private and Public-Private Partnership (PPP) Projects.
There is no prescribed criterion for classifying a project as a Stalled Project. The primary focus of PMIC is on expediting the approvals for clearances from Central and State Authorities for setting-up of projects. PMIC does not distinguish between a ‘stalled’ or an ‘under implementation’ Project in accepting a project for resolution of its issues.
PMIC has been monitoring the resolution of a variety of issues brought before it by the Central Ministries/State Governments and project proponents. So far, out of 1,038 projects considered by PMIC, issues in 615 projects have been resolved.