"We are looking at digitisation of all approval processes and a lot of work has already been done. My hope is that by March 31, 2015, we should be able to enable industry to go to our portal and not go to any ministry and file all their registraion and get clearances there itself," Anil Swarup, additional secretary with the Cabinet Committee on Investments who also who heads the PMG, told reporters here.
He said with the new process, the industry will also be able to track the application status.
So far, the PMG has accepted 464 projects worth over Rs 22 trillion (Rs 22 lakh crore) for consideration and has facilitated around 169 projects worth Rs 6.24 trillion.
"There are nearly 210 projects, entailing an investment of Rs 11.5 trillion which are pending with us. We are engaging for them on a daily basis with the ministries," Swarup said.
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He said the group recently facilitated clearnces for laying rail lines for three mining projects in Chhattisgarh, Jharkhand and Orissa, which will help address coal supply shortages.
"Our current coal production is about 500 million tonnes and once these three coal mines start functioning, they will produce about 200 million tonnes per annum," he added. Asked about the impact of the Supreme Court decision to declare 218 coal blocks allocated between 1993 and 2010 as illegal, Swarup said it is not going to have a bearing on project clearances.