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Evolving PPP project predictability

Evolving PPP project predictability

The government is framing a national policy for public-private partnership (PPP) in infrastructure projects to elimi­nate inconsistencies in the ru­les and make infrastructure att­rac­tive to foreign investment.

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Objecting 26 per cent profit to locals

Objecting 26 per cent profit to locals

The coal ministry has objec­ted to a proposal to make it mandatory for mining firms to contribute a portion of their profits towards local area devel­opment, as it will erode valua­tion of firms and dampen inves­tor sentiment.