West Bengal government plans to build and improve 4,000 km of highways on public-private partnerships (PPP) mode, the state's Industrial and Investment Policy, 2013 shows
Tag: public-private partnerships
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PPP Infra, power projects prone to corruption: UN Body
The United Nations Organisation (UNO) has found that public private partnerships or PPP projects in India's roads and power sectors are most prone to corruption, with private partners' evasion of revenue-share due to the government emerging as the biggest menace. The UN Office on Drugs and Crime (UNODC) has also flagged loopholes in Indian laws' ability to curb such graft, and suggested that private partners in PPPs be designated as public officials to make them accountable under the Right to In
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Experts call for mechanism to rework PPP contracts
International experts on public-private partnerships (PPP) projects suggest the government to devise mechanisms to permit contract renegotiations during the term of the concession. Experts said this at a FICCI conference on PPP held recently in Delhi. According to a study by the World Bank, 55 per cent of (PPP) contracts in the transport sector were renegotiated across the world during 1985-2000
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