All logistics and connectivity infrastructure projects, entailing an investment of more than Rs 500 crore, will now route through the network planning group (NPG) constituted under the PM GatiShakti Initiative with the Finance Ministry issuing the necessary instructions and creation of the National Master Plan Digital Platform.
A revised format has been issued for Public Investment Board (PIB)/Delegated Investment Board (DIB) project proposals.
The revised format of the PIB/DIB memorandum will apply to all the PIB/DIB proposals for new projects submitted on or after 28 April 2022.
As per the revised format, proposals should include whether the project has components of logistics or infrastructure connectivity; and whether it has been examined by NPG for convergence and integration at the conceptualisation or feasibility study stage.
All the departments will first approach the NPG for approval before making a detailed project reports (DPR) at the planning stage, after the NPG's clearance, the project will follow the normal procedure of approval by the Finance Ministry and the Cabinet, depending upon the projects.