India Infrastructure Project Development Funding Scheme revamped
The Infrastructure Finance Secretariat (IFS) has revamped its website www.pppinindia.gov.in and online portals for India Infrastructure Project Development Funding Scheme (IIPDF) and the Best Practices in Infrastructure.
This is to usher in private investment in infrastructure, the Finance Ministry said on 14 June 2023, adding that IFS is constantly introducing interventions to setup an enabling ecosystem for infrastructure development and delivery.
The website, as a digital platform, brings together government entities, private companies, investors and entrepreneurs fostering collaboration and innovation for sustainable growth.
The IFS aims to create a vibrant ecosystem that nurtures partnership, encourages investment, and facilitates the exchange of knowledge and resources through the revamped site.
The revamped website will act as a readily accessible repository of Policies, Guidelines, and Model Bidding Documents including Model Concession Agreements for various sectors, Guidance Materials, Reference Documents among others.
It will include the newly launched Reference Guide for Setting up of State PPP units helping States to create dedicated units for promoting PPP policy, program and projects and Reference Guide for PPP Project Appraisal helping Project Appraisal Authorities (PSAs) in quality appraisal of PPP projects.
The website has over 200+ executed Concession Agreements of PPP projects in various sectors.
The website also hosts PPP Toolkits which are web-based resources designed to improve decision-making for infrastructure PPPs.
To promote Digital India initiative of the Government, the IFS has launched the IIPDF Portal for submitting applications for consideration under IIPDF Scheme.
The online portal will allow Sponsoring Authority to apply online under IIPDF scheme that will significantly reduce the processing time, involve less paperwork and help the PSAs to obtain speedy and time bound approvals for the submitted projects.
The IFS is also in process of launching similar online portals on this website for submitting online applications for Public Private Partnership Appraisal Committee and VGF Scheme.
Additionally, the revamped website hosts Best Practices Portal that contains the best practices in successful implementation of infrastructure projects by the states and central ministries.
The best practices are identified inter-alia in terms project implementation, key challenges, success factors, outcomes, and impacts. It has started with a number of identified best practices and the states and central ministries can further upload and showcase their best practices for mutual knowledge exchange and wider implementation.
The best practices portal can be accessed on https://www.pppinindia.gov.in/bestpractices.
The revamped website, with its enhanced ease of use and information content will serve as a one stop solution comprehensive website for PPP projects database, PPP knowledge hub, details of upcoming PPP events, workshops and forums where key stakeholders can come together, exchange ideas and forge partnerships. Fiinews.com
