Govt approves Meghalaya PPP Policy, 2021
The state Cabinet on Monday approved the Meghalaya Public Private Partnership Policy, 2021.
Meghalaya is one of three states in the country which do not have a PPP policy.
Addressing media persons after the meeting, Chief Minister Conrad K Sangma said the policy was absolutely necessary to facilitate more private investment in the state.
Stating there is one unique aspect to the state policy, Sangma said as the PPP policy mostly deals with large infrastructural projects, the government has introduced a new concept of community public private partnership (CPPP) policy.
“It is not entirely new it is there in some parts of the world may be in some of the states in the country also but we will be one of the few states to have this CPPP policy aspect,” he said.
“The idea is very simple that even at the community level, if the community feels that they want to work with private parties to have investment be it in tourism, agriculture, horticulture, veterinary, then they can go for those projects,” Sangma added.
Further, the Chief Minister said the aspect of the Land Transfer Act will also be applicable to the PPP policy. “Therefore, ownership and other aspects of land, protection to local people – all have been taken into consideration,” he added.
Leave a Reply