competition wizard magazine

competition wizard magazine
competition wizard magazine

Wednesday, December 28, 2022

pratiyogita darpan english subscription

pratiyogita darpan english subscription

pratiyogita darpan english subscription This article was published in the month of October PUBLIC-PRIVATE PARTNERSHIP (PPP) ROUTE  Railway Ministry Plans to bid out 16 Stations under Public-Private Partnership (PPP) Route.  This is in addition to the 1253 railway stations that have been identified for development under the Adarsh Station Scheme. 55 o These railway stations will be upgraded to ensure improved basic facilities and accessibility for passengers.  PPP refers to a cooperative agreement between the government organization and a private firm to execute a project or provide services to the local population for the long term. o It encompasses several delivery models such as Operation & Maintenance (O&M) Built-Operate Transfer (BOT) Builds–Own–Operate–Transfer (BOOT) Design-Finance-Build-Operate-Transfer etc.  Benefits o Help in recovering the project cost as the present railway fair is highly Cross-subsidization. o Increase the competition and efficiency in the modernization of railway projects. o Tackle the underperformance of the railway due to a lack of skilled workforce and other construction equipment.  Challenges for PPP in Railways o Delay in land acquisition and multiple clearances and approvals from various regulatory bodies. o Unviable tendering of PPP projects owing to lack of proper planning and unrealistic cost estimates. o Ineffective dispute resolution o Lack of standard PPP practices in line with global standards pratiyogita darpan english yearly subscription.


pratiyogita darpan english subscription


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