New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    To promote the Digital India initiative of the

    Government of India, the IFS has launched the IIPDF Portal for submitting applications for consideration under the  IIPDF Scheme. What does ‘P’ stand for in IIPDF Portal?
    A Proper Correct Answer Incorrect Answer
    B Prospect Correct Answer Incorrect Answer
    C Project Correct Answer Incorrect Answer
    D Prosper Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Infrastructure Finance Secretariat (IFS) in its endeavour to usher in private investment in infrastructure is constantly introducing interventions to setup an enabling ecosystem for infrastructure development and delivery. As part of this endeavor, the IFS has revamped its website www.pppinindia.gov.in for its enhanced value to the stakeholders involved in PPP projects. PPPININDIA is a website dedicated to promoting and facilitating Public Private Partnerships in India and helps in bridging the gap between the public and private sectors. The website serves as a digital platform that brings together government entities, private companies, investors and entrepreneurs fostering collaboration and innovation for sustainable growth The revamped website will act as a readily accessible repository of Policies, Guidelines, and Model Bidding Documents including Model Concession Agreements for various sectors, Guidance Materials, Reference Documents, etc., including the newly launched Reference Guide for Setting up of State PPP units helping States to create dedicated units for promoting PPP policy, program and projects and Reference Guide for PPP Project Appraisal helping Project Appraisal Authorities (PSAs) in quality appraisal of PPP projects. To promote Digital India initiative of the Government of India, the IFS has launched the IIPDF Portal for submitting applications for consideration under India Infrastructure Project Development Funding Scheme (IIPDF) Scheme. The online portal will allow Sponsoring Authority to apply online under IIPDF scheme that will significantly reduce the processing time, involve less paperwork and help the PSAs to obtain speedy and time bound approvals for the submitted projects. Additionally, the revamped website hosts Best Practices Portal that contains the best practices in successful implementation of infrastructure projects by the states and central ministries. The best practices are identified inter-alia in terms project implementation, key challenges, success factors, outcomes, and impacts.

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