Budget 2016: Government to set up dispute redressal body for infrastructure projects says FM Arun Jaitley

NEW DELHI: To ensure greater participation of the private sector, to ensure more foreign direct investment in public private partnership projects for infrastructure projects, the government wishes to set up a dedicated dispute redressal body so that issues can be addressed smoothly, efficiently and instantly, the FM Arun Jaitley in his budget speech announced.

This will be a central body catering to all infrastructure projects aimed both at central and state initiated projects and both central and state funded projects.

The FM expressed faith in such a body to bring more interest and funds into the complete national infrastructure ecosystem.