(a) whether the Government has made any assessment of the projects proposed for Public-Private-Partnership (PPP) model during the current financial year;
(b) if so, the details thereof along with the names of sectors in which work is proposed to be carried out by the Government under PPP model;
(c) the details of the expenditure proposed to be made in such category of projects;
(d) whether the Government has prepared draft agreement for such projects; and
(e) if so, the details thereof?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI PON RADHAKRISHNAN)
(a) to (c): As per NITI Aayog, the revised projections for investment in infrastructure in the period 2012-17 are Rs. 38,22,822 crore which is 1.6 times the investment of Rs. 23,77,746 crore achieved in the period 2007-12 at current prices. This investment is funded through government budgetary support, internal and extra budgetary resources of Public Sector Undertakings and private investment including PPPs. PPPs are prevalent in the sectors such as Road, Port, Civil Aviation, Power etc.
Government has formulated the Scheme for Financial Support to Public Private Partnership in Infrastructure [Viability Gap Funding (VGF) Scheme]. VGF under the scheme is normally in the form of capital grants at the stage of project construction to make economically essential projects commercially viable. During the current financial year, a sum of Rs. 550 crore has been allocated under this Scheme.
(d) & (e): The Government has approved Model Concession Agreements in the Road and Port sectors for balanced risk sharing among stakeholders.