<h1>Kelkar Committee Advocates PPP Reforms for Better Governance, Risk Allocation, and Infrastructure Growth in India.</h1> The Committee on Revisiting and Revitalising the Public-Private Partnership (PPP) Model of Infrastructure Development, chaired by Dr. V. Kelkar, released a report highlighting the importance of PPPs in accelerating infrastructure development in India. The report emphasizes the need for improved governance, risk allocation, and institutional capacity. It suggests amendments to the Prevention of Corruption Act, strengthening dispute resolution mechanisms, and discouraging unsolicited proposals. The report calls for independent regulators in PPP sectors, a national PPP policy, and enhanced capacity building. It also recommends exploring long-term financing options and encourages divestment of equity in successful projects to attract institutional investors.