New Delhi: According to an official statement released by the Ministry of Housing and Urban Affairs, the Centre has constituted a Central Vista Oversight Committee to monitor the Rs 20,000 crore project for a period of two years. "Competent authority has approved the constitution of a Central Vista Oversight Committee for a term of two years or until further orders, whichever is earlier," the ministry said in a statement on Thursday.
"Former Finance Secretary Ratan P Watal has been appointed Chairman of the five-member Central Vista Oversight Committee," according to the statement. "PK Tiwari, former Deputy CAG, Shailendra Roy, former Director L&T, Prof Mausam, IIT, Delhi has been appointed as a member of the committee, and Joint Secretary, Ministry of Housing and Urban Affairs will be the committee's convenor."
The Central Vista Oversight Committee will ensure multi-agency, multi-stakeholder coordination for seamless integration of various project works, as well as ongoing monitoring of the pace of execution of various Central Vista projects in relation to targeted milestones to ensure timely completion, according to the statement.