(a) whether a scheme for India Infrastructure Project Development Fund meant for Public-Private partnership projects with revolving corpus fund of Rs. 100 crore as announced in Budget
2007-08 has been approved;
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
MINISTER OF STATE FOR FINANCE (SHRI PAWAN KUMAR BANSAL )
(a) and (b) Yes, Sir. A revolving fund with a corpus of Rs. 100 crore to quicken the pace of
preparation of a shelf of bankable projects which can be offered for competitive bidding was
announced by Finance Minister in 2007-08. Accordingly, Scheme and Guidelines for ‘India
Infrastructure Project Development Fund (IIPDF)’ were notified on 5th December, 2007. The
scheme is to provide financial support for quality project development activities to the States
and the Central Government Ministries and their agencies.
(c) Does not arise.