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News Brief | April 2016

PPP framework needs to be reoriented

Minister of State (IC) for Power, Coal and New & Renewable Energy said that there is a need to reorient the entire framework of Public Private Partnership (PPP). Addressing the Happening Haryana Global Investors Summit at Gurgaon, he talked about adding a peopleĀ“s perspective to the framework, essentially making it Public Private People Partnership (PPPP).

Goyal further suggested that penalty should be a two sided affair in the PPP model, making the public body liable to fines as well, since partnership is sharing both profits and losses.

Contact: Government of India
Website: https://india.gov.in/

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