Which of the followings high-powered committee set up by the finance ministry to redraw the contours of the country’s public private partnership (PPP) model has recommended ending the one-size-fits-all approach in dealing with project-specific risks, and advocated independent regulators?
A. Kelkar Committee
B. Rangrajan Committee
C. Gadgil Committee
D. Hazari Committee
Answer:A
Which of the followings high-powered committee set up by the finance ministry to redraw the contours of the country’s public private partnership (PPP) model has recommended ending the one-size-fits-all approach in dealing with project-specific risks, and advocated independent regulators?
A. Kelkar Committee B. Rangrajan Committee C. Gadgil Committee D. Hazari Committee
Explanation: The committee observed that given the urgency of India’s demographic transition and the experience the country has already gathered in managing PPPs, the government must now tweak the model by incorporating lessons learnt so far and making it more sophisticated.