New Delhi :-
The two-day workshop organised in hybrid mode by the Infrastructure Finance Secretariat (IFS) in the Department of Economic Affairs (DEA), Ministry of Finance (MoF), concluded in New Delhi, today. The workshop was organised to sensitise Project Sponsoring Authorities (PSAs) on how to use PPP structuring toolkit for PPP projects in Solid Waste Management (SWM) Sector. SWM is one of the prominent sector where PPPs are happening. The workshop was attended by more than 80 participants from Central Government and State/UT Governments.
‘PPP Structuring Toolkit’ is one among the initiatives that IFS has taken to support the Project Sponsoring Authorities (PSAs) to develop their projects with objectivity and to boost private sector investment in the country.
This workshop, which is the second in a series catering to Solid Waste Management Sector, was inaugurated by Shri Baldeo Purushartha, Joint Secretary, Infrastructure Support & Development (ISD) Division, DEA, MoF. He highlighted the importance of infrastructure and the need for creating a shelf of viable infrastructure projects to take India on a higher growth trajectory. The workshop provided an overview of the toolkit and a demonstration of tools developed for Solid Waste management sector. Shri Purushartha further encouraged the participants to develop few projects in PPP in solid waste management sector.
Ms. Preeti Jain, Director, DEA, highlighted how infrastructure development contributes to GDP growth and also stressed the necessity of appropriately structuring PPP projects due to their inherent complexities.
The workshop familiarised participants with the toolkit’s overview and objectives through the case studies for practical understanding, detailing its five integral tools:-
- Suitability Filter
- Family Indicator Tool
- Mode Validation Tool
- Financial Viability Indicator, and
- Value for Money Indicator tool
IFS also showcased the ‘Contingent Liability Toolkit’, which gives a hands-on approach to the PSAs for estimating probable pay-outs of the PSA due to occurrence of various contingencies.
The workshop saw enthusiastic participation from officials representing Central Ministries/Departments, various State/UT Governments especially from Urban Local Bodies.
****
