Q. Consider the following statements:
1. In India, private investment in infrastructure has come mainly in the form of Public Private Partnerships (PPPs).
2. The Government of India set up the Public Private Partnership Appraisal Committee (PPPAC) responsible for the appraisal of PPP projects in the Central sector and State sector.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

In India, private investment in infrastructure has come mainly in the form of Public Private Partnerships (PPPs).  

  • PPPs help in addressing the infrastructure gap as well as improve efficiency in infrastructure service delivery.  
  • The GoI set up the Public Private Partnership Appraisal Committee (PPPAC) responsible for the appraisal of PPP projects in the Central sector.  
  • During FY20, PPPAC recommended 5 projects with total project cost of ` 4,321 crore.  
  • Out of these 5 projects, 4 are railway sector projects (passenger train projects) and 1 is port sector project.  
  • In FY21, PPPAC recommended 7 projects with total project cost of ` 66,600.59 crore. Out of these 7 projects, 1 is a telecom sector project, 3 are railway sector projects (2 station redevelopment projects & 1 passenger train project), 2 are MHA sector projects (Eco-tourism projects) and 1 is port sector project. 

Source: Economic Survey 2020 – 2021