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TaxTMI 
Report of the Kelkar Committee on Revisiting & Revitalizing the PPP Model of Infrastructure Development Submitted to the Finance Minister
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....eport of the Kelkar Committee on Revisiting & Revitalizing the PPP Model of Infrastructure Development Submitted to the Finance Minister <br>News and Press Release<br>Dated:- 20-11-2015<br><BR>Report of the Kelkar Committee on Revisiting & Revitalizing the PPP model of Infrastructure Development submitted to the Finance Minister in New Delhi . In the Union Budget 2015-16, Finance Minister announc....
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....ed that the PPP mode of infrastructure development has to be revisited, and revitalized. In pursuance of this announcement, a Committee was constituted with the following members: 1 Dr. Vijay Kelkar, Chairman, National Institute of Public Finance & Policy, New Delhi Chairman 2 Shri C.S. Rajan, Chief Secretary, Government of Rajasthan Member 3 Shri S.B. Nayar, CMD, IIFCL, New Delhi Member ....
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.... 4 Dr. Shekar Shah, Director General, NCAER Member 5 Shri Pradeep Kumar, MD, CBG, State Bank of India Member 6 Representative of Ministry of Road Transport & Highways - not below the rank of Joint Secretary Member 7 Shri Vikram Limaye, MD, IDFC Member 8 Shri Sudipto Sarkar, Barrister-at-law, Kolkata Member 9 Ms. P.S. Behuria, IRS (Retd.) Member 10 Ms. Sharmila Chavaly, Joint Se....
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....cretary, Department of Economic Affairs, Ministry of Finance, New Delhi Member- Secretary The Terms of Reference of the Committee are as follows: (i) Review of the experience of PPP Policy, including the variations in contents of contracts and difficulties experienced with particular variations/conditions, if any, (ii) Analysis of risks involved in PPP projects in different sectors and exist....
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....ing framework of sharing of such risks between the project developer and the Government, thereby suggesting optimal risk sharing mechanism, (iii) Propose design modifications to the contractual arrangements of the PPP based on the above, and international best practices and our institutional context, and (iv) Measure to improve capacity building in Government for effective implementation of th....
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....e PPP projects. The Committee had extensive consultations with various stake holders across the PPP spectrum, invited suggestions and views of experts, reviewed projects and sectors and researched best practices in India and abroad while firming up its recommendations. The Committee presented its Report to the Finance Minister on 19th November 2015. The Government will examine the Report and ta....
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....ke appropriate action.<BR> News - Press release - PIB....