CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per study which state has the highest share of PPP project investments
A
Maharashtra
B
Uttar Pradesh
C
Gujarat
D
Haryana
Explanation: 

Detailed explanation-1: -DBFOT/BOT: The most common form of PPP used where the private sector operator designs, builds, finances, owns and constructs the facility and operates it commercially for the concession period, after which the facility is transferred to the authority.

Detailed explanation-2: -The first two projects under the PPP format in India – the Rau-Pithampur Road in Madhya Pradesh and the larger NOIDA toll bridge in Delhi – were undertaken by Infrastructure Leasing & Financial Services (IL&FS).

Detailed explanation-3: -According to Ministry of Finance Government of India the PPP project means a project based on a contract or concession agreement, between Government or statutory entity on the one side and a private sector company on the other side, for delivering infrastructure service on payment of user charges.

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