CCEA grants over 8 thousand crore rupees for continuation and revamping of Infrastructure Viability Gap Funding
CCEA grants over 8 thousand crore rupees for continuation and revamping of Infrastructure Viability Gap Funding

CCEA grants over 8 thousand crore rupees for continuation and revamping of Infrastructure Viability Gap Funding

The Cabinet Committee on Economic Affairs, CCEA has approved continuation and revamping of the Scheme for Financial Support to Public Private Partnerships in Infrastructure Viability Gap Funding Scheme till 2024-25 with a total outlay of eight thousand 100 crore rupees. The aim of this Scheme is to promote Public Private Partnerships in social and economic infrastructure for efficient creation of assets, their proper operation and maintenance and make the economically and socially essential projects commercially viable. Finance Minister Nirmala Sitharaman said, this will cater to Social sectors such as Waste Water Treatment, Water Supply, Solid Waste Management, Health and Education sectors.

CS SURBHI SAXENA

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Surbhi Saxena edits the daily Current Affairs News.
The author is qualified member of The Institute of Company Secretaries of India (ICSI).