Latest Public-Private Partnership News & Updates

Bhubaneswar, July 17 (IANS) The Odisha government on Friday signed a Programmatic Transaction Advisory Services Agreement (TASA) with the International Finance Corporation (IFC) to strengthen the state’s Public‑Private Partnership (PPP) ecosystem and attract private investment in key infrastructure sectors. The agreement was signed during a ceremony held here under the chairmanship of Chief Secretary of Odisha, Anu Garg.According to an official statement, the collaboration aims to mobilise p…

Amaravati, July 15 (IANS) The Andhra Pradesh government said on Wednesday that it has initiated a transparent bidding process for Ramayapatnam Port aimed at attracting international players and defended its decision on its operation and maintenance under the Public-Private Partnership (PPP) model.Amid strong criticism of the coalition government by the YSR Congress Party for its decision to hand over the operation and maintenance of the port to private players, the government defended its stand….

Mumbai, July 14 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved the Asset Monetisation Policy to boost revenue for Urban Local Bodies (ULBs). This aims to make ULBs financially self-reliant allowing Municipal Corporations, Municipal Councils, and Nagar Panchayats to leverage their land and properties to generate new, sustainable revenue streams.The policy has a primary objective of systematically and transparently developing civic-owned real estate….

Mumbai, July 14 (IANS) The Maharashtra State Road Transport Corporation (MSRTC), which holds prime commercial real estate across 850 locations totalling 3,500 acres, has received a major procedural boost. To prevent administrative delays, the Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis on Tuesday, exempted MSRTC’s land development projects from the strict provisions of the March 2026 state PPP policy. A high-level committee led by the Transport Minister will now oversee the …

Mumbai, July 13 (IANS) In a major push to make the Maharashtra State Road Transport Corporation (MSRTC) financially self-reliant, Chief Minister Devendra Fadnavis on Monday directed officials to execute a well-planned redevelopment of ST bus depots to boost revenue. The Chief Minister emphasised that a customised development blueprint should be drafted for each depot, taking into account its specific capacity and commercial potential.He also instructed the department to urgently submit a strateg…

Shimla, July 12 (IANS) The Himachal Pradesh government on Sunday said it would launch the High Value Nut Mission from 2026 to 2031 to promote the cultivation of high-value temperate nut crops, including walnut, almond, apricot and pine nut (chilgoza).The government said the mission would not only help enhance farmers’ incomes but also promote the cultivation of high-value temperate nut crops.The mission aims to address key challenges confronting the horticulture sector, including ageing orchards…

Patna, July 11 (IANS) Bihar Chief Minister Samrat Choudhary said on Saturday that Artificial Intelligence (AI) and other modern technologies will be integrated into the functioning of the State Assembly to make Legislative proceedings more efficient, transparent, and effective. He made the announcement while addressing the inaugural session of a two-day orientation programme for state MLAs at the Bihar Institute of Public Administration and Rural Development (BIPARD) in Gaya.Emphasising the role…

Patna, July 1 (IANS) The Bihar Cabinet approved 29 proposals during its latest meeting on Wednesday, clearing a series of measures focused on education, transport infrastructure, religious tourism and public amenities.Among the key decisions are the establishment of five new Kendriya Vidyalayas, the modernisation of 31 bus stands under the Public-Private Partnership (PPP) model, the development of the Lord Vaman Temple in Buxar, and the organisation of a state-sponsored pilgrimage to Somnath for…

Mumbai, June 30 (IANS) Chief Minister Devendra Fadnavis on Tuesday directed all departments to ensure the plantation of 18 crore trees this year through meticulous planning, use of advanced technology, Public-Private Partnership (PPP), village-level plantation planning by Gram Panchayats, and coordinated efforts among various departments, as he reviewed the Harit Maharashtra Commission’s tree plantation campaign. He stressed that every Gram Panchayat should identify available land, prepare a pla…

Gandhinagar, June 28 (IANS) Union Home Minister Amit Shah, who is also the Member of Parliament from the Gandhinagar Lok Sabha constituency, on Sunday flagged off 40 electric buses under the PM eBus Sewa scheme in the presence of Gujarat Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi and other senior officials.The launch marks the first phase of the Centre’s PM eBus Sewa initiative in the Gujarat capital, where a total of 100 electric midi buses have been sanctioned to stre…