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CCEA clears proposal to cap annuity allocation for PPP projects
January 18, 2013January 18, 2013by In Roads & Highways

CCEA clears proposal to cap annuity allocation for PPP projects

The Cabinet Committee on Economic Affairs has approved the recommendations made by the Inter-Ministerial Task Force under the chairmanship of Member (BK Chaturvedi), Planning Commission on budgetary ceilings for annuity commitments under Public Private Partnership (PPP) projects across sectors. The recommendation of the committee would ensure that future budgetary options do not get restricted due to a