The State Council approved and forwarded a guideline on Nov 8 to regulate the new mechanism of public-private partnerships, jointly issued by the National Development and Reform Commission, and the Ministry of Finance. Meanwhile, the operational revenue of PPP projects should cover construction investment and operational costs with some investment returns. All PPP projects should adopt franchising format with defined …
The Odisha cabinet on Friday approved 19 proposals including a skilling programme to bridge the skill gap in utilisation of new-age technologies in traditional sectors and a public-private partnership policy that would create an institutional mechanism for speedy clearance of projects. Chief secretary Pradip Jena said the Nua Odisha skilling scheme will work towards addressing the scarcity of skilled human …
The Government had been focusing on improving the Port infrastructure under programs like ‘Sagarmala’, which was approved in 2015. Some of which include the development of three mega ports of greater than 300 MTPA cargo handling capacity, increasing trans-shipment cargo share from 25 percent to 75 percent, increasing share of cargo handled at major ports by PPP operators to >85 …