by Haryananewswire
CHANDIGARH, NOV 9
The Haryana Finance
Department isfinalizing the 'Guidelines for Public Private Partnership
(PPP)’ and has invited suggestions and comments from the public so
that the same be incorporated in these guidelines.
While stating this here today, a spokesman of
the department said that the suggestions and comments could be sent within 15
days on e mail ID minkyakshu@yahoo.co.in.
The same could also be sent through post to the Member Secretary, Haryana
Bureau of Public Enterprises, Finance Department, New Secretariat, Haryana,
Chandigarh.
The
spokesman said that PPP represents the cooperation between government and
private sector. Most successful partnership arrangements draw on the strengths
of both the public and private sector in order to establish complementary
relationships between them. PPP arrangements were long term in nature and
usually these extend over a period of 15 to 30 years. He said that this
factor helps in establishing productive and lasting relations built around the
expertise and capacity of both the partners based on contractual agreement
which ensures appropriate and mutually agreed allocation of resources, risks
and returns.
He said
that the responsibilities in a PPP project were shared between the public body
and private enterprise. However, the Government still remains accountable and
responsible for the provision of high quality services that meet the public
needs. He said that a key element of PPP was their potential to
deliver public services in more economical and efficient manner. At the
beginning of the relationship, four potential risks associated with the project
are identified and each party adopts those which it found best equipped to
manage. The public sector could, therefore, transfer appropriate risks to
the private partner, who has the necessary skills and experience to manage
them, he further added.
The spokesman said that Haryana was amongst
the richest States in India and one of the preferred investment destinations in
the country. It was a leading centre for the manufacture of automobiles and its
components, a preferred investment destination in Information
Technology (IT) and IT enabled.It has been attracting handsome investments
mainly in construction sector, electricity, manufacturing and services. Haryana
aspires to be the number one State in the country in terms of investment
and in quality of life of its people, he added.
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