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Committee on Revisiting & Revitalizing the PPP Model of Infrastructure Development Constituted; to Submit Its Report Within a Period of Three Months from the Date of Its Constitution

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..... Committee on Revisiting & Revitalizing the PPP Model of Infrastructure Development Constituted; to Submit Its Report Within a Period of Three Months from the Date of Its Constitution - News and Press Release Dated:- 26-5-2015 - News - During his Budget Speech while presenting the General Budget 2015-16 in Parliament, the Union Finance Minister Shri Arun Jaitley had announced that the PPP mode .....

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..... of infrastructure development has to be revisited, and revitalized, in which the major issue involved is rebalancing of risk. In pursuance of this announcement, a Committee comprising of the following members has been constituted: Dr. Vijay Kelkar, former Finance Secretary and Chairman, National Institute of Public Finance Policy(NIPFP), New Delhi C .....

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..... hairman Shri C.S. Rajan, Chief Secretary, Government of Rajasthan Member Shri S.B. Nayar, CMD, IIFCL, New Delhi Member Dr. Shekhar Shah, Director General, NCAER Member Shri Pradeep Kumar, MD, CBG, State Bank of India .....

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..... Member Representative of Ministry of Road Transport Highways not below the rank of Joint Secretary Member Shri Vikram Limaye, MD, IDFC Member Shri Sudipto Sarkar, Barrister-at-law, Kolkata Member Ms. P.S. Be .....

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..... huria, IRS (Retd.) Member Ms. Sharmila Chavaly, Joint Secretary, Department of Economic Affairs, Ministry of Finance, New Delhi Member Secretary The Terms of Reference of the Committee are as follows: Review of the experience of PPP Policy, including the variations in contents of contracts and difficulties .....

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..... experienced with particular variations/conditions, if any, Analysis of risks involved in PPP projects in different sectors and existing framework of sharing of such risks between the project developer and the Government, thereby suggesting optimal risk sharing mechanism, Propose design modifications to the contractual arrangements of the PPP based on the above, and international best practic .....

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..... es and our institutional context, and Measure to improve capacity building in Government for effective implementation of the PPP projects. The Committee may consult various stake holders in the private sector, government sector, legal experts, banking/financial institutions and academia while firming-up its recommendations. Infrastructure Development Finance Company (IDFC) shall prov .....

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..... ide secretarial assistance to the Committee The Committee shall submit its report within a period of three (3) months from the date of its Constitution. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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