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<h1>India Accelerates Infrastructure Projects with PPP Program; PPPAC Reduces Approval Time for Projects Over Rs. 250 Crore.</h1> The Government of India has implemented an ambitious Public Private Partnership (PPP) program to expedite infrastructure projects, particularly in the roads sector. To avoid previous delays in project approvals, the Public Private Partnership Appraisal Committee (PPPAC) was established to fast track the appraisal and approval of central sector PPP projects exceeding Rs. 250 crore in capital costs. Since its inception in January 2006, the PPPAC has processed 40 proposals, granting approval to 28. The committee aims to complete due diligence within four weeks, significantly reducing the previous 14-16 week timeline. The PPPAC also ensures service quality and risk management in PPP projects.