Ministry of Finance organises advance training programme in PPP for states

The training programme is organised for senior officials of the state governments who are dealing with the Infrastructure sector.

GN Bureau | September 15, 2021


#Ministry of Finance   #Infrastructure   #Department of Economic Affairs   #Public Private Partnership   #National Monetization Pipeline   #NMP   #Gati Shakti  

The Department of Economic Affairs (DEA), Ministry of Finance and the Indian Institute of Management Bangalore has organised a virtual advance level training programme on Public-Private Partnership. Additional Secretary DEA, K Rajaraman, Joint Secretary, DEA, Baldeo Purushartha, Prof, G. Shainesh, Chairperson Executive Education Programmes, IIMB; Prof G. Raghuram, IIMB Prof. RT Krishnan, IIM B and Prof. Anil B Suraj, IIMB, Dr Molishree, Deputy Secretary, DEA joined the programme.

The training programme is an advanced level training programme organized for senior officials of the state governments who are dealing with the Infrastructure sector. There are 25 officials from the Government of Gujarat, Delhi, Karnataka, Rajasthan, Uttar Pradesh, Haryana, Jharkhand, Meghalaya, Assam, and Manipur, Sikkim have participated in the training programme. 
 
The National Infrastructure Pipeline (NIP) is creating a huge push for the development of infrastructure in the nation. With the National Monetization Pipeline (NMP) and Gati Shakti, further impetus has been given to bring private-sector efficiency and resources.
 
Given the importance of PPPs in garnering private sector resources and efficiency, a chosen mode of implementation should be based on evidence and appropriate economic analysis. For taking sound financial and economic decisions, the capacity building of the policymakers is a crucial requirement. This training programme is an effort towards building an appropriate understanding of PPPs and enhancing the appraisal capacity of the officials for better conceptualization and structuring of PPP projects. This includes training for scenario thinking, project identification and management, partner selection and management, and other critical aspects of PPPs mainstream participation of startups in infrastructure, for sustainably and efficiently scaling up public infrastructure delivery.
 
The advance level Training Programme discusses the important areas of decision-making, which inter alia include Design and Structuring of PPPs, Procurement and Bidding Process Practices, Project Risk Management, Monitoring and Control, Project Cost Estimation and Budgeting, Project Feasibility Analysis, Managing Long Term Contract Risks & Dispute Resolution, etc.
 

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