The targets include setting up of two international airports in Bhubaneswar and Imphal and 50 new low-cost small airports in different parts. The proposals include the Mumbai elevated rail corridor, power and transmission projects.
statesman news service
NEW DELHI, 28 JUNE: In a bid to boost investor sentiment, the Prime Minister, Mr Manmohan Singh, today set an investment target of Rs 1.15 lakh crore in public-private partnership projects (PPP) across infrastructure sectors in rail, port and power in the next six months.
The Prime Minister has laid special emphasis on development of key infrastructure projects, including airports, ports, roads and power generation in the current financial year. He also set specific targets for various sectors at a high-level meeting.
The targets include setting up of two new international airports and 50 new low-cost small airports in different parts of the country. The proposals include the Mumbai elevated rail corridor (Rs 30,000 crore), two international airports in Bhubaneswar and Imphal (Rs 20,000 crore) and power and transmission projects (Rs 40,000 crore).
Those who attended today’s meeting were the finance minister, deputy chairman of the Planning Commission and ministers and secretaries of key infrastructure ministries, including power, coal, railways, roads, shipping and civil aviation.
“The deputy chairman, Planning Commission, made a presentation bringing out the performance of the six infrastructure ministries in achieving their targets in 2012-13 and the details of the targets that have been set for this year,” said a senior officer of the Prime Minister’s Office (PMO).
These targets were set through a detailed process, first in the Planning Commission by member (infrastructure) and later revised through a second round of meetings in the PMO.
The government has proposed 60 airports in total, which includes two international airports, 50 low cost airports and eight greenfield airports.
The government also set a target for two new PPP ports at Sagar (West Bengal) and Durgarajapatnam (Andhra Pradesh) recently approved.