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MP govt to use online system to keep track on investment proposals

The Madhya Pradesh government will soon use an online system to track the progress of investment proposals made during the Global Investors' Summit which was held in October, in Indore.

Updated on: Nov 14, 2014, 21:12:38 IST
Hindustan Times | By , Indore
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The state government will soon use an online system to track the progress of investment proposals made during the Global Investors' Summit in October.

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The system will help the government officials to ensure that the implementation of the project is progressing in a smooth manner and all the permissions are being given in the prescribed timeframe. Moreover, the investors will also be able to use the portal to know the status of their projects.

"The software has been prepared by IT firm CMC. The government officials would be able to get updated information about the status of the project and understand the reason behind any delay," said an official of state industry department.

It will also help them to look at the works being done by different government departments related to the investment proposals. With the government receiving investment proposals worth Rs 5.89 lakh crore in the recently concluded Global Investors' Summit (GIS), the focus has now shifted to implementation of the projects.

The chief minister, along with senior officials, would be available for the industrialists in the first half of every Monday to ensure that the maximum number of investment proposals received during the GIS takes off. There would be a monthly review of all the investment proposals received so that there is time bound implementation.

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