The process for environment as well as mining clearances is set to go online from September 1 and November 1, respectively, Anil Swarup, Additional Secretary, Cabinet Secretariat, said on Wednesday.

The Ministry of Environment, Forests and Climate Change had announced the application process for forest clearances going online from July 1, earlier this month.

These steps are being taken to increase investor confidence and revive the investment cycle by bringing in transparency, said Swarup.

Swarup also heads the Project Monitoring Group (PMG), which was set up last year to track stalled projects of over ₹1,000 crore and remove bottlenecks. He said the group was also tasked with resolving the issues on the ground. PMG has facilitated clearance for over 150 projects worth ₹5,27,299 crore and 280 more projects registered with it are awaiting clearances.

Meanwhile, Naina Lal Kidwai, Chairman, India and Director, HSBC Asia Pacific, said the scope and ambit of the PMG could be widened to look at issues related to investment clearance process as there was a need to simplify the process.