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PM proposes investment target for PPP projects

Saturday, 29 Jun 2013
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Manmohan Singh, Prime Minister of India, has proposed an investment target of Rs 1.15 lakh crore in PPP (public-private partnership) projects across infrastructure sectors in the next six months.

 

The proposals have been made in infrastructure sectors in rail, port and power. These will include Mumbai elevated rail corridor with an investment of Rs 30,000 crore; two international airports in Bhubaneshwar and Imphal with an investment of Rs 20,000 crore; and power and transmission projects worth Rs 40,000 crore.  To monitor the award and implementation of projects on a priority basis, a steering group will be formed by the Central Government.

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