Q. Consider the following statements:
1. Invest India Grid (IIG) acts as a centralized portal to track and review project progress across all economic and social infrastructure sub-sectors.
2. Project Monitoring Group (PMG) is an institutional mechanism put in place by the government for resolution of issues related to large-scale projects.
Which of the statements given above is/are correct?
Explanation: NIP is hosted on the Invest India Grid (IIG) platform and provides opportunities for States/UTs and Ministries to collate all major infrastructure projects at a single location.
· IIG thus acts as a centralized portal to track and review project progress across all economic and social infrastructure sub-sectors.
· The portal also enables project-sponsoring authorities to showcase investment opportunities to national and international investors.
· Project Monitoring Group (PMG) is an institutional mechanism put in place by the government for resolution of issues related to large-scale projects.
Source: Economic Survey 2023

