news details |
|
|
| Cabinet Sub-Committee to formulate PPP policy: Omar Asks local tycoons to play their role | | | EARLY TIMES REPORT
SRINAGAR, May 11: Chief Minister, Omar Abdullah asked the private players in trade and business to play active role in giving fillip to the efforts of the Government for encouraging Public Private Partnership (PPP) in the State. "The task cannot be left only for Government to accomplish. You have to play your role effectively to break the ice in evolving a strategy to attract private investors to invest in joint ventures," he said and laid stress on identifying small and medium projects in the sectors of education, health and sanitation under PPP mode. Taking part in the panel discussion on the need of PPP to boost public service sectors in Jammu and Kashmir and encourage industrial growth, the Chief Minister said that the soil of the State is fertile enough to properly germinate PPP modules and ensure their growth and economic viability. Omar said that Government has already constituted a Cabinet Sub-Committee to formulate a sound and effective PPP policy so that investors from outside the State are attracted to be part of the joint ventures between local private business players and the Government. "The stray incidents of hartals and disturbances do take place everywhere in the world but when same happens in Jammu and Kashmir these are magnified too larger than the factual position", he said maintaining that the good report of peace and development unfortunately does not make news but a stone pelted at a vehicle makes breaking news for the press and electronic media.
The Chief Minister said that the society as a whole and the locals in industry and business have to join with the Government to create industrial temperament in the State especially in Kashmir Valley and remove the doubts from the minds of outside investors regarding investing in Jammu and Kashmir. Omar appreciated the NGO Restructuring Economic and Social Obligations of the Nation (REASON), which organized the panel discussion, and said that this is for the first time that a non-government organization provided common platform for the government and private investors and experts in the field to share views and express their opinions and expert suggestions in this regard. The other panelists who participated in the discussion and gave expert opinion about launching of PPP projects included the Advisor to Asian Development Bank, Saxena, the Chairman, Jammu and Kashmir Bank, Dr. Haseeb Drabu, Shanker Narayan, Atul Sharma, Dr. U. Koul and Junaid Mattoo.
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
