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?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

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

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