The updated system, set for launch next month, will identify potential slippages so that costs and timelines remain within approved limits, people aware of the development said. It will also capture project start and tender award dates compared with the board approval date recorded previously. Additionally, project completion date will be derived based on the start date.
The Online Computerised Monitoring System (OCMS) of the ministry of statistics and programme implementation (MoSPI), which facilitates project monitoring by the Prime Minister’s Office, cabinet secretariat and government think-tank NITI Aayog, tracks central infrastructure projects worth ₹150 crore and above. The OCMS portal releases monthly and quarterly reports on the status of central infrastructure projects across sectors and states. These reports include details on completed, added, deleted and ongoing projects. On the financial side, it provides information on original and anticipated costs, enabling tracking of cost overruns or additional expenditures.
As part of the revamp, OCMS will integrate with the India Investment Grid (IIG)-Project Monitoring Group (PMG) portal through API (application programming interfaces) to ensure single entry of a particular data point and uniformity across definitions and calculations.
The effort will be closely coordinated with the Department for Promotion of Industry and Internal Trade (DPIIT) and Department of Economic Affairs (DEA), the source said.
