Institution for Mainstreaming PPPS will be Set-Up

The Union Finance Minister Shri Arun Jaitley, while presenting the General Budget 2014-15 in Parliament today, has proposed to set-up an institution to provide support to mainstreaming PPPs called 3P India with a sum of Rs. 500 crore. The institution will facilitate nuanced and sophisticated models of contracting and developing quick dispute redressal mechanism of PPPs.

Source : Press Information Bureau

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