The board of New Mangalore Port Trust (NMPT) has constituted a committee to examine in detail a proposal related to the development of a container terminal at the port on PPP (public-private partnership) model.
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Risk allocation wholly skewed against private sector
Vinayak Chatterjee, Chairman, Feedback Infra feels that the country has failed miserably on regulation, renegotiation, risk allocation and resourcing. He says that a comprehensive policy framework, including independent regulation, is required to make the PPP concept a success.
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Indeed. From the mid-1990s, where we started with private sector involvement with power generation, and subsequently into mobile telephony and transport sector in the mid-2010s, we are easily the world´s largest PPP market. India has travelled a long way.
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India is moving towards reviving the infrastructure sector by encouraging investments by private players and reinvigorating the sector through Public-Private Partnership (PPP). The government is also providing the much-needed push by increasing the budgetary allocation to Rs.2.21 lakh crore for key infrastructure areas, such as roads, railways and ports.







