NCRPB Sanctioned Over ₹15k Cr Loan in ₹31k Cr Worth Projects
Durga Shanker Mishra, the Housing Secretary informed that NCRPB approves Regional & Sub-Regional Plans in National Capital Region & funds projects at affordable rate by raising Bonds from market or taking loans from bilateral/multilateral agencies.
Project Management Information System (P-MIS) is a major step in using digital/ mobile technology to improve transparency & accountability in monitoring progress of projects & administering loans, said Shri Durga Shanker Mishra, Secretary, MoHUA. Speaking at the launch of P-MIS of the National Capital Regional Planning Board (NCRPB) in New Delhi, Shri Mishra congratulated NCRPB and said that this Portal is well timed during Covid-19 when use of technology has grown tremendously. The launch was attended by Additional Secretary, MoHUA, JS&FA, MoHUA, Additional Chief Secretary, GNCTD and senior officials of participating states of NCR and NCRPB officials.
Sh Durga Shanker Mishra, the Housing Secretary informed that NCRPB approves Regional & Sub-Regional Plans in National Capital Region & funds projects at an affordable rate by raising Bonds from market or taking loans from bilateral/multilateral agencies. He said that it has sanctioned over ₹15000 crore loan in over ₹31000 crore worth of projects and stated that 265 Projects of more than ₹18,500 crore are complete and rest are under construction. “P-MIS will bring ease in review and management of projects and provide information & opportunity to give feedbacks to the citizens, he further said.
P-MIS has been developed in-house by NCRPB and has been hosted on NIC Server. The MIS facilitates sorting of Project based on search criteria:
✓ Ongoing projects
✓ Completed projects
✓ All projects
✓ Search by keyword
✓ Search by date
✓ Search by Amount
✓ Search by State
✓ Search by ongoing payments
✓ Search by Implementing Agencies
Explaining the features of the software, Shri Mishra said that the P-MIS is having unique feature of doing calculations at back end for monitoring various financial critical events for Guarantee validity date and monthly repayment of loan due date for each IA and generates alert for Guarantee Renewal and Payment of Loan in soft format i.e. email in advance.
MoHUA Secretary informed that this MIS calculates validity of Guarantees and issues auto notices before 2/1 month 3/2/1 week 3/2/1 day prior to expiry of validity of Guarantees. Another feature of the software is that it checks the adequacy of guarantee and in case guarantee falls short of requirement, P-MIS issues auto mail and informs Finance Officer of NCRPB and also auto mails to IA to submit the guarantee accordingly.
Speaking about the clearance mechanism, Shri Mishra said that IA has to feed the project status and details and financial progress made by them along with milestone and achievement details against each milestone with geo-tagged photographs. He asked IAs to feed reasons for delay. He further stated that specific information is sought from IA on pending approvals, clearances which are delaying the project which will help NCRPB in pursuing these clearances especially if they are from agencies outside the State.
Housing Secretary informed that integrity of Data has been ensured and elaborated that data filed once, cannot be modified by any other officer except FAO of NCRPB, that too after approval of Director (A&F). He shared that this software has uploaded sanction orders and guarantees which will be visible to select users as per viewing rights given. Shri Mishra said that that Login-ID and Password have been shared with all Implementing Agencies (IA) of participating NCR States. He added that staggered viewing rights have been given to officials to maintain and view projects and information pertaining to their projects.
Shri Durga Shanker Mishra appreciated NCRPB for using P-MIS for generating auto alert for issue of monthly repayment notice in advance to IAs for last two months successfully. He requested all IAs to update data w.r.t their projects which will help in monitoring & resolving bottlenecks in timely disbursement of loan, various clearances and help in completion of project.