Online project monitoring launched in Karnataka to streamline investment flows

Written by Johnson TA | Johnson TA | Bangalore | Updated: Jun 18 2014, 02:38am hrs
To prevent unwarranted delays from hampering investment projects in Karnataka the state government in association with the National Information Center (NIC) on Tuesday launched an online e-Project Monitoring System (PMS). Unveiling the portal Karnataka Chief Secretary Kaushik Mukharjee expressed confidence that the online project which will put the status of ongoing investment projects in the public domain will bring about transparency, accountability and faster implementation of work.

It will bring an institutional check to the working of different departments. The departments will no longer be able to idle away on projects and will be compelled to act on it or provide a rational explanation for delays,'' Kaushik Mukherjee said. According to the Chief Secretary the transparent mechanism will instill confidence in the investors and ensure that more entrepreneurs take part in development projects in the state.

The e-PMS system will track investment between Rs 100 crores to Rs 1000 crores in Karnataka including Public-Private-Partnership projects. The Project Monitoring Group (PGS), private investors or departments like the Karnataka Industrial Areas Development Board can submit details of projects after creating an online account. Even the old or the existing projects can be added to the system, Anil Swarup additional secretary and chairman of Project Monitoring Group (PMG) of the Cabinet Secretariat of the Union Government said.

The online portal is also said to serve as a link between various stake holders and is said to generate instant alerts to them upon submission, modification or updatation of a project. It will also register issues or bottlenecks facing the project such as - environmental clearance, Coastal Regulation Zone, where stakeholders can expect responses from the multi-disciplinary project monitoring group.