Arunachal adopts PPP Policy

Last Updated: Wednesday, December 28, 2011 - 13:33

Itanagar: Arunachal Pradesh cabinet has
unanimously adopted the state Public Private Partnership
Policy, 2011, paving the way for private investment in various
sectors of the state, official sources said today.

The policy, adopted yesterday, would open up the gates
for development of various infrastructure both physical and
social in the state through much-needed infusion of resources
and managerial capability from the private sector in tandem
with the overall vision of the state government.

Arunachal Pradesh, like the rest of its sister states
in the north east has been a late starter in the public
private partnerships and except for some limited experiments
in the health sector like management of public health centers
and community health centers, there are practically no PPP
projects in the state.

A PPP cell was set-up in the planning department last
year and it had drafted the policy. Inputs were taken from
various departments and the approval of law and finance
departments were taken before sending the policy to the
cabinet for approval, the sources said.

The Planning Commission of India had assessed that the
investment requirements in the infrastructure sector for the
12th Five Year Plan would be almost Rs 41 lakh crores, of
which, at least 50 per cent would be through the private
sector.

PTI



First Published: Wednesday, December 28, 2011 - 13:33

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