Together with technology, people and credible data, APM 4.0 is increasingly becoming central to the success of industrial and infrastructure firms.

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.

There is a perennial need for regulatory and institutional changes to keep in step with the social and infrastructural development. It often seems that the law is playing catch up with situations that evolve and many a times it is possible to trace in new or amended legislation the exact gap or mischief it is trying to plug.

The Comptroller and Auditor General of India (CAG) alleged that the union shipping ministry and some port authorities floated norms and this cost an estimated loss of Rs 1.5 lakh crore. In its report, the CAG found that some port authorities allowed unauthorised agents to carry out onshore operation without sharing royalty with the ports

Pink City Expressway Pvt Ltd, the concessionaire for the Delhi-Gurgaon-Jaipur Expressway project, has allegedly collected Rs 2,503 crore since April 2009 even though it has not completed the project, a complaint by an NHAI official shows. A general manager rank officer of the National Highways Authority of India (NHAI) highlighted this in a written complaint to the Prime Minister, Cabinet Secr