DEA asks state govt to take up infrastructure projects

Department of Economic Affairs on Friday asked state governments to go ahead with infrastructure projects in order to reduce the huge deficit being faced by the country.

SHILLONG: Department of Economic Affairs on Friday asked state governments to go ahead with infrastructure projects in order to reduce the huge deficit being faced by the country.

DEA additional secretary Sindhushree Khullar described the PPP route as an unavoidable option to reduce the glaring infrastructure deficit that is visible across states.

She explained that the DEA had worked with the rating agencies to develop a framework for grading infrastructure projects that would help investors identify the risks involved in the projects.

She was speaking at a workshop for states on public private partnership (PPP) here organised by the Department of Economic Affairs (DEA) under Union Finance ministry and Confederation of Indian Industry here.

Addressing the delegates, Meghalaya chief secretary Ranjan Chatterjee dwelled on issues pertinent to economic development of Meghalaya and welcomed the private investors under public- private partnership in infrastructure projects, such as power, airports, tourism and roads.

PPP projects in the road sector would help in catalyzing the growth of the state which is a land-locked state, Chatterjee added.
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