Government is hopeful of rolling out the Infrastructure Debt Fund by the end of next month. The fund is expected to raise billions of dollars to boost infrastructure sector in the country. This was revealed by Secretary, Department of Economics Affairs, R Gopalan while addressing a seminar on Public Private Partnership, (PPP) Policy for Infrastructure Sector in New Delhi today. Mr. Gopalan said that the PPP model is important to attract private investment, meet growing demand and to enhance operational efficiency. Stating that currently there are more than 700 projects working on PPP model, he informed that the Centre is working on allowing PPP in the social sector also. Mr. Gopalan added that the National Policy on PPP will be transparent and ensure maximum competition.
News On AIR | May 11, 2011 2:04 PM
Govt hopeful of rolling out Infrastructure Debt Fund by June end <br/>