Arunachal adopts PPP Policy
  • This Section
  • Latest
  • Web Wrap
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


comments powered by Disqus