In order to facilitate and promote increasing role of Public Private Partnership in creation of new infrastructure assets as well as for the management of existing ones, the Government of Haryana has introduced PPP policy.
- To provide a broad framework and a conducive environment so that the strength of private sector are utilized to provide better infrastructure and services at an optimal cost.
- To put in position a transparent, consistent, efficient administrative mechanism, to create a level playing field for all stakeholders.
- To provide project development funding and/or available assistance from Government of India for funding essential infrastructure projects.
- To make assessment of the Value for Money (VFM) especially for major projects.
- To create a robust dispute redressal mechanism/regulatory framework for PPP projects.
The policy would include PPP projects in various public sectors such as Infrastructure, Healthcare, Education, Tourism, Power, Agriculture, Road Transport System, Civil Aviation, Rural Development, Industries, Sports and E-governance.
- Incentives and support in terms of tax holidays, tax exemptions, Viability Gap Funding (VGF).
- Viability Gap Fund up to 20% of the total project cost will be provided by Haryana Government in addition to the Fund provided by Central Government for PPP projects in Infrastructure.
- Fund for feasibility studies, environmental impact studies, legal reviews, development of project documents, transaction advice, land acquisition and for other pre construction activities will be provided.
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