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• The Center has constituted a Central Vista Oversight Committee for two years to oversee the Rs 20,000-crore Central Vista project.
• Ratan P Watal, the former Finance Secretary, has been named Chairman of the five-member Central Vista Oversight Committee.
• The committee's members include Deputy CAG PK Tiwari, former L&T director Shailendra Roy, IIT Delhi professor Mausam, and the joint secretary of the Union Housing and Urban Affairs Ministry.
• The Central Vista Oversight Committee's mission is to ensure coordination among multi-agency and stakeholder groups in order to ensure the seamless integration of Central Vista's various project works.

Important Takeaways

About the Central Vista project

• The Central Vista project will include the construction of a new Parliament building and a new residential complex. Several new office buildings and a central secretariat for the ministry's offices, as well as the Prime Minister's and Vice President's residences, are to be built as part of this project. The Central Vista project was announced in September 2019. Prime Minister Narendra Modi laid the foundation stone for the project on December 10, 2020. This redevelopment project calls for the construction of a new Parliament building.