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Home News News and Press Release Month 12 2015 2015 (12) This |
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The Minister of State for Finance Shri Jayant Sinha Launches Guidance Material Forpost-Award Contract Management of PPP Concessions“Highways, Ports, And Schools” |
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24-12-2015 | |||
The Minister of State for Finance Shri Jayant Sinha highlighted the critical need for mechanisms for supporting the Post-Award Contract Management and welcomed the initiatives of the Department of Economic Affairs (DEA), Ministry of Finance in this regard. He said that the mechanisms developed by the DEA will equip Project Authorities in providing adequate guidance and online interactive toolkits for effective and proactive management of PPP projects. He reiterated the Government’s commitment towards leveraging PPPs for enhancing the speed of development, capacity, reach, and improving the quality of infrastructure and public services. He shared some of the recent initiatives of the Government in addressing the challenges pertaining to PPPs. Shri Sinha was speaking after launching the DEA’s Guidance Material for Post-Award Contract Management of PPP projects, at an event here today. The event was attended among others by the Senior Government officials from the Ministry of Finance, Ministry of Roads Transport & Highways, Ministry of Shipping, Ministry of Human Resource Development, National Highways Authority of India (NHAI) and, representatives from the State Governments Departments involved in PPP projects and PPP nodal agencies of various States. |
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