Bus Ports are on the anvil, like airports, claims Union Transport Minister Nitin Gadkari

ASHISH TIWARI (PHOTO/VIDEO SAURABH SHRIVASTAVA) TENNEWS

Public private partnership (PPP) is the need of the hour given the budgetary constraints of the government. It was imperative that the stakeholders including the government, private sector, investors and banks work in tandem and weed out the obstacles and create a Model Concession Agreement (MCA) which accounts for all the risks, issues and spells out a framework for effective implementation of a PPP, said Nitin Gadkari, Minister for Road Transport, Highways and Shipping, at the fifth India PPP Summit organized by FICCI in New Delhi on Wednesday.

Nitin Gadkari further said that public transport was now a priority and an efficient system was being developed for smooth movement of people via public transport across states and within cities. Public transport running on biofuel and electricity was the focus of the government as it would be environment friendly and cost effective.

Even Bus ports are on the anvil, which would be on the lines of airports offering world-class amenities, he added.

Having steered the country’s first PPP project in Maharashtra, Nitin Gadkari said that PPP models in the past have reaped results but they were not optimally effective in the current scenario. The need was to bring about a transparent and corruption-free process, investment-friendly policies and adopt a time-bound and result-oriented approach.