Centre to set up Investment Tracking System

NEW DELHI, June 26: The Central Government has decided to establish an Investment Tracking System to ensure speedy implementation of major investment projects in the country.

Projects in the private sector are to be monitored and followed up by the Department of Financial Services under the Ministry of Finance, according to an official release issued here today.

As part of the above initiative, a format for monitoring such projects in private sector and under Public Private Partnership (PPP) has been developed and is available at Department’s website www.Financialservices.Gov.In.

Promoters of projects in the private sector and under PPP, where the proposed investment is Rs 1,000 crore and above, are requested to provide details of their projects along with reasons behind delay, if any, to key.Projects@sbicaps.Com and fi-dfs@nic.In. (UNI)


Please enter your comment!
Please enter your name here