New Delhi: The federal government’s Venture Monitoring Group (PMG) is accelerating the implementation of huge tasks, presently monitoring greater than 3,000 mission price over Rs 78 lakh crore, Commerce and Trade Minister Piyush Goyal stated on Sunday. The Group has up to now achieved 94 per cent decision price in direction of constructing world-class infrastructure.

“Marching in direction of Viksit Bharat 2047 on the again of sturdy infrastructure development. Embodying PM Narendra Modi’s imaginative and prescient of ‘Reform, Carry out, and Rework’, the Venture Monitoring Group (PMG) continues to function a crucial institutional mechanism for accelerating the implementation of huge tasks,” the minister posted on X.

Goyal additional said that by offering structured, time-bound subject decision and addressing regulatory and coordination bottlenecks, “PMG has emerged as a central pillar of India’s mission execution framework”.

“As India progresses in its development journey, PMG’s function has assumed even better significance, enabling sooner mission execution, strengthening investor confidence, and enhancing ease of doing enterprise,” Commerce Minister highlighted.

Marching in direction of Viksit Bharat 2047 on the again of sturdy infrastructure development!

Embodying PM @NarendraModi ji’s imaginative and prescient of ‘Reform, Carry out, and Rework’, the Venture Monitoring Group (PMG) continues to function a crucial institutional mechanism for accelerating the… pic.twitter.com/2GQRngjb4o
— Piyush Goyal (@PiyushGoyal) January 18, 2026

The PMG is an institutional mechanism for milestone-based monitoring of tasks and for expediting subject decision and regulatory bottlenecks in tasks with investments upwards of Rs 500 crore in India. It was arrange as a particular cell within the Cupboard Secretariat, Authorities of India in 2013 and was subsequently introduced below the executive management of the Prime Minister’s Workplace (PMO) in 2015.

Presently, PMG is located at Make investments India, Division of Trade and Inner Commerce (DPIIT), Ministry of Commerce. This relocation was executed as a way to create a one-stop facilitation vacation spot for traders in any respect levels of the funding course of, together with subject decision. Prime Minister’s Workplace appointed PMG as Secretariat to Monitoring Group in August 2021.

On the subject of points, PMG helps all mid and huge sized Public, Personal and ‘Public–Personal Partnership’ (PPP) Tasks with fast-tracking of approvals, sectoral coverage points and removing of bottlenecks for expediting mission commissioning.

The tasks being monitored by PMG are largely infrastructural in nature, nonetheless PMG enlists tasks from different sectors as effectively so long as they meet the brink requirement, in keeping with the federal government.