PPP Current Affairs - 2020

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Cabinet approves to give status of Institution of National Importance to 5 IIITs

On February 5, 2020, the Union Cabinet approved to confer the status of Institution of National Importance to 5 IIITs (Indian Institute of Information Tecnology). All the 5 IIITs are to operate in PPP mode.

Highlights

The Cabinet approved the Information Technology Laws (Amendment) bill, 2020. According to the bill, five IIITs along with 15 other IIITs are to be declared as Institutions of National Importance and will hold powers to awards degrees of Bachelor of Technology, Master of Technology, BTech and PhD degree.

Features of the bill

The bill will grant statutory status to 5 IIITs that are operating in PPP mode at Bhopal, Surat, Bhagalpur, Agartala and Raichur. There are already 15 IIITs that are currently operating under PPP model. There are 5 IIITs in India that were set up by the Ministry of Human Resource Development. This means that complete funding for the institute comes from GoI. No private parties are involved. It includes IIITs in Gwalior, Jabalpur, Kancheepuram, Allahabad and Kurnool.

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NITI Aayog and Ladakh UT sign MoU to develop Infrastructure projects

On January 17, 2020, NITI Aayog and Ladakh Union Territory signed a Memorandum of Understanding. According to the agreement, NITI Aayog will support the administration of the Ladakh through its initiative “Development Support Services to States for Infrastructure Projects” (DSSS)

Highlights

NITI Aayog will identify high-impact projects. It will expedite project implementations, create unique models of development and will identify high-impact priority projects. A team of experts associated with NITI Aayog are to be stationed in Ladakh to identify and develop the territory. The team will predominantly focus on solar energy, tourism and basic infrastructure.

What are DSSS projects of NITI Aayog?

The main objective of DSSS projects is creating PPP (Public Private Partnership) projects. In 2018, phase I of the project was completed. In phase I, 10 projects were selected from 400 projects that were submitted by the states. In phase II, that was completed in the year 2018-19, the selected projects entered transaction stage. Preparation activities were carried out. The think tank also created techno-economic feasibility report.

The following were other steps taken

  • The think tank organized investor consultations for the state governments
  • Integrated post-harvest supply chain management and integrated community based micro-irrigation infrastructure were generated.

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