It is in this context, the vijay kelkar panel recommended various measures for revival of ppp model. Publicprivate partnership monitor asian development bank. Seeks amendment to prevention of corruption act to differentiate. The kelkar committee set up by the government to examine and recommend changes in the acquisition procedures and enabling a greater participation of private sector in defence production submitted the first part of its report to defence minister here today. Kelkar committees recommendations communist party of india. With reference to 1 above, determine the imbalance in development in the context of the states development average on the basis of available data at the end of year 2010. Several infrastructure projects in india have been hit by various issues related to publicprivatepartnership ppp model. The recent history of csirtech has its origins in 2004 with kelkar committee report.
Vijay l kelkar chairman indira rajaraman member sanjiv misra member. Gk, general studies, optional notes for upsc, ias, banking, civil services. Dna picked up nine such cut and paste instances in the kelkar report, some of which are quoted below. The vijay kelkar committee on revitalising publicprivate partnership ppp projects on thursday submitted its report to finance minister arun jaitley, suggesting measures to resolve contractual, financing and implementation issues plauging the segment. It is crucial to have knowledge regarding the important committees and commissions in india for upsc exam preparations. Seeks amendment to prevention of corruption act to differentiate between graft and genuine errors in decision making. Kaka kalelkar commission useful notes your article library. In fact, in some sense, we have gone further by introducing an innovative approach of covering waterstressed talukas andtribalareas of our state as virtual or imagined regions and proposing special measures to ameliorate. May 27, 2015 the government has constituted a 10member panel under former finance secretary vijay kelkar to revisit and revitalise public private partnership ppp mode of infrastructure development. Recommendations of the vijay kelkar committee on pppgs3. Petroleum minister veerappa moily has ordered that the newlyformed kelkar committee would preside over the recommendations of the rangarajan committee on the changes in the fiscal regime for boosting oil and gas output.
The committee was set up by indias central government and headed by vijay kelkar. Governmentappointed panel headed by former finance secretary vijay kelkar on reviving the privatepublic partnership ppp model for infrastructure development submitted its report to finance. Kelkar panel for easier funding for ppp projects business. On the issue of ppp developers account books being open to government audit and the right to information. The union ministry of finance on 28 december 2015 released the report of the committee on revisiting and revitalising public private partnership ppp model. Kelkar was set up to devise the fiscal consolidation roadmap. Nov 19, 2015 a panel, headed by former finance secretary vijay kelkar, submitted the muchawaited report on public private partnerships in infrastructure to finance minister arun jaitley. A panel, headed by former finance secretary vijay kelkar, submitted the muchawaited report on public private partnerships in infrastructure to finance minister arun jaitley. Forewordthis committee was mandated by the finance minister to give a report outlining a roadmapfor fiscal consolidation in a medium term framework in pursuit of the frbm act and relatedtargets. A governmentappointed committee on reviving publicprivate partnership ppp model has suggested ensuring easier funding for projects with long gestation period and early action to amend the prevention of corruption act, 1988, to guard them against a witch hunt. Kelkar panel suggests new ways to fund ppp projects, business. Vijay kelkar committee on revisiting and revitalising the ppp model. The kelkar committees recommendations on revitalization of the ppp model of infrastructure are focused on a variety of.
The centre had instituted kelkar committee for reorganization of the ordnance factories, the report of which sparked controversies as the officers and. Leveraging ppp models and government sources of funding. Report of the committee on revisiting and revitalizing the public. Out of total 40 recommendations made in the kelkar committee report on private participation in defence production, 26 recommendations were accepted for implementation, eight were accepted for implementation with certain modification and the remaining six recommendations required further deliberations. Second, a ppp is designed to combine the relative comparative advantages of public. Report of the committee on roadmap for reduction in import. Kelkar committee had recommended that ordnance factories. The report of the committee on revisiting and revitalizing the ppp model was released on monday. We believe that the report covers all the terms of reference assigned to the committee. Important committees and commissions in india for upsc exams. Kelkar panel suggests easier funding for ppp projects. The panel, headed by former finance secretary vijay kelkar, recommended setting up independent regulators for ppp projects in various sectors and pushed for amendment to the prevention of corruption act to clarify the difference between cases of graft and genuine errors in decisionmaking. Nov 19, 2015 kelkar panel suggests new ways to fund ppp projects november 19, 2015. This is where the report of the vijay kelkar committee on revisiting and revitalising ppp model made public last week does salutary service.
Jan 28, 2015 committee submitted its report in october 20. Part i of the committees report, which was submitted to the ministry of. To decide indicators for estimating imbalance in regional development. Report of the committee on revisiting and revitalising the ppp model of infrastructure.
Vijay kelkar committee report on revisiting and revitalising ppp model. Kelkar committee report on regional imbalance in maharashtra. Major recommendations of this committee are the following. Nov 20, 2015 kelkar panel on ppp projects submits report november 20, 2015. Dec 18, 2012 report of the committee onroadmap for fiscal consolidation vijay l kelkar chairman indira rajaraman member sanjiv misra member september 2012 2. Report of the committee on revisiting and revitalising the ppp model of infrastructure vii report of the committee on revisiting and revitalising the ppp model of infrastructure viii a. To address the problem of stalled ppp projects and legacy issues plaguing the projects. The kelkar committee said the final decision for a renegotiated concession agreement must be. Dec 28, 2015 report of the committee on revisiting and revitalising public private partnership model chairman. A panel, headed by former finance secretary vijay kelkar, and tasked with examining and suggesting reforms for the publicprivate partnership ppp model in infrastructure projects, might recommend the reviving of plans to launch a permanent advisory body called 3p india, business standard has learnt. Kelkar panel on ppp might push to revive 3p india plans.
Exemptions on small savings and house construction loans that encourage savings and housing investment by the middle classes is equated with the tax concessions and exemptions that benefit the rich such as export earnings. The committee feels strongly that maturing the ppp model in india is an urgent. Roadmap for reduction in import dependency in hydrocarbon sector by 2030 part i 3 executive summary the committee felt that given the rather extensive nature of its tors as well as the urgency for taking immediate action, it would be appropriate to give our reports in 2 parts. Dear readers, the vijay kelkar committee recently released the report on revisiting and revitalising ppp model of infrastructure development, and it. The report of the committee submitted to the government has been uploaded. Kelkar committee had recommended that ordnance factories should be corporatized into a single corporation under leadership of a competitive management. The vijay kelkar committee report on reform of direct taxes has been filed with the government. Vijay kelkar submitted its report to the finance ministry on november 19, 2015. Nov 19, 2015 governmentappointed panel headed by former finance secretary vijay kelkar on reviving the privatepublic partnership ppp model for infrastructure development submitted its report to finance. Kelkar committee to evaluate ppp in india was a committee set up to study and evaluate the extant publicprivate partnership ppp model in india. In fact, in some sense, we have gone further by introducing an innovative approach of covering waterstressed talukas andtribalareas of our state as virtual or imagined regions and proposing special measures to. This is where the report of the vijay kelkar committee on revisiting and.
Kelkar panel suggests new ways to fund ppp projects november 19, 2015. This note summarises the key findings and recommendations of the report. The committee was headed by vijay kelkar, former chairman of the finance commission. The commission was directed to determine the criteria to be adopted in considering whether any section of people should be treated as socially and educationally backward. Kelkar committee report has recommended creation of multidisciplinary expert institutions. The kelkar committees final report on indirect taxes shows impressive clarity in its tariff proposals and provides ample evidence of much thought having gone into the framing of the recommendations. This committee was mandated by the finance minister to give a report outlining a roadmap for fiscal consolidation in a medium term framework in pursuit of the frbm act and related targets.
The kelkar committee, in its report, espouses the recommendation of aogo. Kelkar department of economic affairs, ministry of finance, november, 2015. The committee was set up following 2015 union budget of india by the then finance minister of india arun jaitley. Read expert opinions, top news, insights and trends on the economic times. Jul 30, 2016 main recommendations of vijay kelkar committee to revisit and revitalize public private partnership ppp in india. The government has constituted a 10member panel under former finance secretary vijay kelkar to revisit and revitalise public private partnership ppp mode of infrastructure development. Between january to june 2009, various models were studied systematically for commercialization of csir technologies. Financing a project through a publicprivate partnership can allow a project. Some of the salient features of the recommendations are.
The principal statement that i wish to make is that we expected to s h kelkar and company limited annual report 201516. The government appointed a committee under the chairmanship of mr. Kelkar panel shows the way to revive ppp in infra projects. Read more about kelkar panel shows the way to revive ppp in infra projects on business standard. A backward classes commission was appointed by the president of india on 29 january 1953 with kaka kaielkar as its chairman. Send to my progress send to my bookmarks print pdf. Mar 08, 20 a 3member committee headed by the former finance secretary and th finance commission chairman, vijay l. Kelkar committee to propose overhaul of ppp framework. The committee was expected to complete this task by the end of august.
The committee met several times to deliberate these issues. Kelkar panel on ppp projects submits report, the financial expree. It would be a reasonable assumption that a number of our shareholders would want to know our vision, direction and destination. Dear readers, the vijay kelkar committee recently released the report on revisiting and revitalising ppp model of infrastructure development, and it could be important for your exams. Vijay kelkar committee on ppp submits report to fm the kelkar committee has analysed the risks involved and the existing framework of risksharing between the. List of important committees and commissions in india for upsc exams. A 3member committee headed by the former finance secretary and th finance commission chairman, vijay l. Kelkar to examine the structure of direct and indirect taxes and to make recommendations for making the tax system more broadbased, elastic and simplified. Report of the committee on revisiting and revitalising public private partnership model chairman. Report of the committee onroadmap for fiscal consolidation vijay l kelkar chairman indira rajaraman member sanjiv misra member september 2012 2.
During 2004 to 2008, various ad hoc discussions were underway to form a csirtechlike venture. Kelkar panel on privatepublic partnership revival submits. Main recommendations of vijay kelkar committee to revisit and revitalize public private partnership ppp in india. Kelkar committees report on transport sector has pointed out that inadequate infrastructure results in lower efficiency, lower productivity, high tra. The kelkar committee s final report on indirect taxes shows impressive clarity in its tariff proposals and provides ample evidence of much thought having gone into the framing of the recommendations. Nov 20, 2015 vijay kelkar committee on ppp submits report to fm the kelkar committee has analysed the risks involved and the existing framework of risksharing between the project developer and the government. However, in respect of administrative and procedural aspects the committee has chosen to ignore many of the useful suggestions that had been made in response to its earlier consultation paper. In the case of bot toll projects, focus on projects with longer concession period.
The committee was formed following the finance ministers announcemet on revising the public private partnership ppp mode of infrastructure development in his budget speech, 201516. As the ppp market in infrastructure matures in india, new challenges. Kelkar panel on ppp projects submits report november 20, 2015. The kelkar committees recommendations are iniquitous as it seeks to equate different types of tax exemptions.
Vijay kelkar committee on revisiting and revitalising the. The report of the committee submitted to the government has been uploaded on the ministry of finances website. Petroleum minister veerappa moily has ordered that the newlyformed kelkar committee would preside over the recommendations of the rangarajan committee on the changes in. Moily for kelkar committee s view on rangarajan panel suggestions. The 9member committee was headed by former finance secretary vijay kelkar and submitted its report on 19 november 2015. This corporation should be accorded the status of navratna. The committee submitted its recommendations to jaitley on 19 november 2015. Kelkar committee report on direct taxes reports legal. Kelkar panel suggests new ways to fund ppp projects the. Kelkar committee report ppp infrastructure model download.
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