The government has put the brakes on ‘public-private partnerships’

Concerned about the financial health of local banks, the government has put the brakes on ‘public-private partnerships.’ “The move was aimed at closing loopholes in the initiative that were being exploited by local governments to raise funds through banned channels and spend money on risky projects that were unlikely to earn an adequate return on investment.” The finance ministry ordered the overhaul in November.

Published on

Apr 5, 2018




Subscribe for weekly updates