To expedite implementation of infrastructure projects across the country, Infrastructure Finance Secretariat (IFS) established under the Department of Economic Affairs, ministry of finance has organized workshop to represent the state government. In this workshop the states representing were Maharashtra, Gujrat, Karnataka, Andhra Pradesh.
As the ministry had organized this workshop on 22nd august 2022 in Mumbai as this was the workshops series which was organized in the state government and the union territories took part in this which will help them for development of infrastructure. That aimed to detect the problem of the ground of the projects, the ministry of finance said the statement on Wednesday.
During this workshop, the presentation was present in front of audience, as this presentation was made by different union ministry such as ministry of housing, ministry of transport, ministry of power, department of promotion for industry, national highway (NHAI) and infrastructure development Ltd. (NHIDCL), and central transmission utility of India Ltd. (CTUIL).
As this workshop saw 50 senior official’s participants from state government of Karnataka, Andhra Pradesh, Maharashtra, and Gujrat.
The main participates from the state government were additional chief secretary of the state govt. of Karnataka, finance secretary of Andhra Pradesh, finance secretary of and secretary of planning of Gujrat, urban development secretary of Maharashtra, and all the states municipal commissioners were also present and attended the workshop.
This Worksop was the stage where the different state officials can be able to keep their points and can discuss the problems faces by them in executing the different infrastructure projects and area required to resolution as this would be giving boost to national investment and infrastructure fund (NIIF), international finance corporation (IFC) etc.
In this workshop the panel discussion has also been held to discuss the measure of enhancing the urban financing and focused discussion and specified all the state government to specific PPP policies. The mechanism to utilise the newly emplaned transaction advisors along with the mechanism of availing the financial support under the fund said by the department of economic affairs and informed state government.
In workshop the special session was held on mechanisms to augment municipal financing including ways to energise the municipal bond market. As this session followed by the other session of thematic session which was based on thematic which on need for the state PPP policy to user in private investment in infrastructure.
The workshops also saw the active participation of ministers of every ministry. The workshop brought together an opportunity to learn from the best practices of participating states, the ministry said.
