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J&K Govt to implement PPP mode in 10 key sectors: Drabu

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Press Trust of India Jammu
Last Updated : Dec 04 2015 | 7:42 PM IST
Jammu and Kashmir Finance Minister Haseeb Drabu today said that 10 key sectors have been identified for rapid infrastructure up-gradation in Public-Private Partnership (PPP) mode, a path-breaking policy framework approved by the State cabinet earlier this week.
"To cope up with infrastructure deficit in crucial sectors like housing, public utilities, healthcare, roads, tourism, technical education, sports, commercial establishments, horticulture and animal husbandry, the Government has decided to adopt the PPP mode for time-bound asset creation in 10 key sectors", Drabu said at a press conference here.
In the housing sector, new projects will be taken up for execution under PPP mode at Rakh-e-Arth, Jawhar Nagar and Gandhi Nagar.
He said, in the roads sector the projects to be taken up include Sonwar-Gallandar road, Chatroo-Vailoo Tunnel, Mughal Road Tunnel and inter-district roads.
Under tourism, the projects include upgradation of infrastructure at Ranjit Sagar Dam and Doodhpathri.
In sports, he said two Sports Cities, one each in Jammu and Srinagar would be set up besides construction of world class sports stadiums.

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Under health sector, PPP mode would involve setting up state-of-the-art diagnostic facilities at government hospitals.
In horticulture sector, he said high-density plantation would be promoted through PPP mode and in technical education skill development institutions would be established under the new initiative.
He said commercial projects, multi-level parking facilities and solid waste management would be also covered under PPP.
Enumerating the broader policy framework of the PPP mode, Dr Drabu said it is a funding and operational model for public infrastructure projects requiring large finance.
He said the line departments would identify and have ownership of such projects.
The Minister said under Skill Development Mission, Government is targeting three segments of population- educated unemployed, uneducated unemployed and practising artisans -to achieve the objective of creating and managing skill based enterprises in the state.

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First Published: Dec 04 2015 | 7:42 PM IST

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