Hello English
Only private party can't be penalised in PPP project delays: Goyal
Language : hindi
Business . Difficult
08-03-2016 12:36:06 .
Read the article and answer the questions given below
 Calling for an overhaul of the country's public private partnership (PPP) model to make it more investor friendly, union Power Minister Piyush Goyal said on Tuesday that any penalty levied for delay in projects coming up in the PPP mode should not just be  restricted to the private party. 
 
"Any framework we create should provide penalty for the private sector and the other side. One must not forget to address the delays in providing utilities which are necessary for the success  of any project, Goyal said while addressing the 'Happening Haryana Global Investors Summit'. 
"If India has to develop at the kind of pace that we all wanted to and provide bare necessities to its people by 2022, then clearly the PPP model is unavoidable. It will be the engine of growth in infrastructure sector and together we will have to evolve the right regulatory framework which should be simple and predictable, he said. 
The union minister complimented the Haryana government for having come out with progressive policies like the Transit Oriented Development Policy, New and Integrated Licensing Policy and the Deen Dayal Jan Awas Yojna, which, he said, will encourage entrepreneurs to bring in investments in the real estate sector through the PPP mode. 
OTHER NEWS
In Rajya Sabha, women members harp on women's quota
Saudi Arabia wants to elevate ties with India during Modi's visit
Three women fighter pilots to be inducted in June: IAF chief
Modi, Hasina to launch power supply, international internet gateway
Censor board discriminating against small budget films: Producer
DIFFICULT WORDS
infrastructure entrepreneurs complimented unavoidable progressive predictable partnership necessities investments restricted
Now answer these questions and win coins
Q1
0 Win coins
Q2
0 Win coins
Q3
0 Win coins
Click on any word to find out its meaning