AP introduces investment tracker to fast-track industrial projects
By : DC Correspondent
Update: 2024-12-18 15:03 GMT
Vijayawada: To ensure timely establishment of industries in Andhra Pradesh, the state government has introduced a digital platform called Investment Tracker for continuous project monitoring. Chief secretary Neerabh Kumar Prasad announced this during a review meeting of the State Investment Promotion Committee (SIPC) project monitoring mechanism at the State Secretariat on Wednesday.
The chief secretary emphasised that the general manager of the district industries centre will serve as the nodal officer in districts lacking field-level officers, ensuring continuous monitoring of investment proposals. All proposals will be presented to the District Industrial Promotion and Exports Committee (DIEPC), chaired by the district collectors, for swift approvals and timely establishment of industrial units.
Neerabh Kumar Prasad highlighted the significance of the Investment Tracker, describing it as an effective tool to monitor projects from the Detailed Project Report (DPR) stage to completion. The system allows officials to identify bottlenecks, update progress, and resolve issues efficiently. It also enables investors to track the status of their projects.
The e-tracker system will integrate inputs from various departments, including I&I, IT&C, Food Processing, and Nedcap, and mandates weekly progress reports. District collectors are instructed to regularly monitor the eTracker dashboard.
Special chief secretary energy K. Vijayanand, Nedcap MD K.V.N. Chakradharababu, Director of industries Abhishikth Kishore, JD Industries Ramalingeswara Raju, and other officials participated in the meeting, reinforcing the state’s commitment to fast-tracking industrial growth through data-driven monitoring.