Editorials, GS-3, Indian Economy, Uncategorized

Renegotiation of PPP contracts becomes a reality

Article Link India’s finance minister Arun Jaitley announced three new initiatives on building infrastructure through the so-called public-private partnership (PPP) mode in the national budget he presented to Parliament on 29 February. The three initiatives are: Public Utility (Resolution of Disputes) Bill: It will shortly be introduced in the parliament to streamline institutional arrangements for… Continue reading Renegotiation of PPP contracts becomes a reality