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of <h1>India Approves New Guidelines for PPP Project Annuity Payments to Prevent Future Budget Constraints and Ensure Efficient Management.</h1> The Cabinet Committee on Economic Affairs in India has approved recommendations from an Inter-Ministerial Task Force regarding budgetary ceilings for annuity payments in Public Private Partnership (PPP) projects. Chaired by a Planning Commission member, the task force aims to prevent future budget constraints due to annuity commitments. The approved guidelines will be communicated to various ministries within two weeks to streamline the structuring and approval of PPP projects under the annuity model, ensuring efficient financial management across sectors.
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