Govt panel to revisit PPP infra model
Posted on: 2015-05-27 Posted by: CLAT Gurukul Category: Archive Blog
The Centre has set up a committee under the Chairmanship of former Finance Secretary Vijay Kelkar to revisit and revitalize the public private partnership (PPP) model of infrastructure development. This committee has been asked to submit its report in three months. The terms of reference of the committee are review of the experience of PPP policy, including the variations in contents of contracts and difficulties experienced with particular conditions, if any; Analysis of risks involved in PPP projects in different sectors and existing framework of sharing such risks between the project developer and the Government, thereby suggesting optimal risk sharing mechanism. About Panel:Besides Kelkar, this committee has nine members, The nine members include C.S. Rajan, Chief Secretary, Government of Rajasthan; S.B.Nayar, Chairman and Managing Director, IIFCL; Shekhar Shah, Director General, NCAER; Pradeep Kumar, Managing Director, State Bank of India; Vikram Limaye, Managing Director, IDFC; Sudipto Sarkar, Barrister-at-law, Kolkata and representatives of Ministry of Road Transport & Highways. Source: The Hindu
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