<p>The Karnataka government would monitor online the status of investment projects under implementation across the state, a top official said Thursday.<br /><br /></p>.<p>"The electronic projects monitoring system (ePMS) will resolve online issues delaying implementation of mega projects in which investments from Rs.100-1,000 crore are made in the state," state Chief Secretary Kaushik Mukherjee said at an event here.<br /><br />The ePMS will be file-less and paper-less from submission of application stage to clearances, as the project information will be digitised.<br /><br />"Apart from resolving pending issues on priority, the system will be used for hastening projects being executed by the state government under the public-private participation model," Mukherjee told stakeholders at the event.<br /><br />As it is online clearance, movements of projects for approval will be faster for investors to track their status real-time.<br /><br />Lauding the state initiative, industry lobby Federation of Indian Chamber of Commerce and Industry's state council co-chairman Anand Sudarshan said the system would facilitate speedy implementation of investment projects and help economic revival and job creation.<br /><br />"We are hopeful that clearances to projects through this mechanism will stimulate investments in the state and remove uncertainty over their timely execution," he said.<br /><br />The chambers assisted the state government in creating the back-end for the system.</p>
<p>The Karnataka government would monitor online the status of investment projects under implementation across the state, a top official said Thursday.<br /><br /></p>.<p>"The electronic projects monitoring system (ePMS) will resolve online issues delaying implementation of mega projects in which investments from Rs.100-1,000 crore are made in the state," state Chief Secretary Kaushik Mukherjee said at an event here.<br /><br />The ePMS will be file-less and paper-less from submission of application stage to clearances, as the project information will be digitised.<br /><br />"Apart from resolving pending issues on priority, the system will be used for hastening projects being executed by the state government under the public-private participation model," Mukherjee told stakeholders at the event.<br /><br />As it is online clearance, movements of projects for approval will be faster for investors to track their status real-time.<br /><br />Lauding the state initiative, industry lobby Federation of Indian Chamber of Commerce and Industry's state council co-chairman Anand Sudarshan said the system would facilitate speedy implementation of investment projects and help economic revival and job creation.<br /><br />"We are hopeful that clearances to projects through this mechanism will stimulate investments in the state and remove uncertainty over their timely execution," he said.<br /><br />The chambers assisted the state government in creating the back-end for the system.</p>