Govt Developing PPP Model To Promote Infrastructure Development
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The government is working on a sophisticated framework for the public-private partnership (PPP) model to promote "What we need to do is to have a more sophisticated PPP framework which we are working on now. Which means a framework that looks at PPPs in a manner where there's flexibility to factor in the changes in the circumstances that run over a period of 25-30 years," he said at a Ficci event.
Mayaram also highlighted the need to de-stress the
Regarding the risks associated with PPP projects, Mayaram said that the government alone cannot take the whole responsibility, adding that the risk should be shared between the private sector and the government.
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