The Union Ministry of Finance on 28 December 2015 released the report of the Committee on Revisiting and Revitalising Public Private Partnership (PPP) Model. The nine-member committee was headed by former Finance Secretary Vijay Kelkar and submitted its report on 19 November 2015. The recommendations of the committee are of relevance to the overall growth of the economy as PPP projects have become the preferred mode to develop large scale infrastructure projects.
At present, over 12,007 PPP projects are under implementation across the country, involving about Rs.7.2 lakh crore worth of investment.
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