NEW DELHI: The Centre may ask states to adopt uniform policies and
processes to invite private investments in infrastructure sector.
It has asked states to make a beginning by standardising documents and
process with respect to state highway projects that form crucial
support infrastructure to Centre's own national highway development
programme. The success in state highways would be replicated in other
infrastructure projects with aim of attracting private funds.
"Multiplicity of policies and rules are complicating things and drying
up private investment in state sector projects. The Planning
Commission deputy chairman Montek Singh Ahluwalia has now written to
all the state chief ministers highlighting the need for
standardisation with a view to attract investment and plug the
infrastructure deficit," an official source said.
The Eleventh Plan document envisages private investment of about Rs
6,20,000 crore in public infrastructure projects. This includes public
private partnership (PPP) projects in state highways, an area of
concern for the Commission. Mr Ahluwalia has sought cooperation of the
CMs for adopting its model concession agreements for state highways
and adoption of standards manual government.
"The Centre is relying on a strategy which invites private investment
in infrastructure, where feasible, to reduce burden on government
resources. Many states are following a similar approach for developing
state highways and model concession agreement and standard manuals
play a key role in this process," Mr Ahluwalia has written in his
letter.
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