Kamal Nath advocates PPP model for infrastructure development
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Last Updated: Monday, February 21, 2011, 22:20
  
New Delhi: Pitching for Public-Private partnership in infrastructure development, Urban Development Minister Kamal Nath on Monday said Metro operation exemplifies the success of the PPP model.

"The Metro operation is a successful PPP model and it can be adopted in construction of road, port connectivity and other infrastructure projects", Nath said at an award function in Delhi.

He said even small townships can be made on PPP basis.

The Infrastructure Excellence Awards was orgainsed to honour PSUs and corporates from various infrastructure sectors.

"We are looking for innovative ways for infrastructure development and PPP is the answer for future growth", he said, adding, "We have to devise a suitable PPP model for India."

Admitting that India is lagging behind in terms of infrastructure, he said, "In India we are talking of building infrastructure but in the US and Europe they are talking of renewal infrastructure. So, in India, we are catching up with the past."

Referring to the urban areas, he said, "Cities have exceeded their carrying capacities including the parking lot, sewage, water supply. The question is how to meet the requirement."

He also said the Jawahar Lal Nehru Urban Renewal Mission (JNNURM), was being reassessed.

PTI


First Published: Monday, February 21, 2011, 22:20


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