New Delhi: The government on Tuesday constituted a 10-member panel under former finance secretary Vijay Kelkar to revisit and revitalise public private partnership (PPP) mode of infrastructure development. Finance minister Arun Jaitley in his budget speech for 2015-16 had made an announcement regarding the same.
Mr Jaitley had said that PPP infrastructure development model has to be revisited and revitalised, in which the major issue involved is re-balancing of risk. In pursuance of the announcement, a committee comprising of 10 members including its chairman Mr Kelkar, who is presently the chairman of Institute of Public Finance & Policy, has been constituted, a finance ministry release said.
Among the members of the committee are C.S. Rajan, chief secretary, Rajasthan Government; S. B. Nayar, CMD, IIFCL; Shekhar Shah, DG, NCAER; Pradeep Kumar, MD, CBG, SBI; Vikram Limaye, MD, IDFC; P.S. Behuria, former IRS and Sudipto Sarkar, Barrister-at-law, Kolkata. Also it contains a representative, not below the rank of joint secretary, from the road ministry as its member.
