{"id":12050,"date":"2023-06-15T09:13:38","date_gmt":"2023-06-15T03:43:38","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=12050"},"modified":"2025-03-30T07:01:59","modified_gmt":"2025-03-30T01:31:59","slug":"india-infrastructure-project-development-funding-scheme-iipdf","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/india-infrastructure-project-development-funding-scheme-iipdf\/","title":{"rendered":"India Infrastructure Project Development Funding Scheme (IIPDF)"},"content":{"rendered":"<h2><strong>About IIPDF Scheme:\u00a0<\/strong><\/h2>\n<ul>\n<li><strong>What it is?<\/strong> It is a <strong>Central Sector Scheme<\/strong> which will <strong>aid the development of quality PPP projects<\/strong> by providing necessary funding support to the project sponsoring authorities, both in the<strong> Central and State Governments.<\/strong><\/li>\n<li><strong>Funding:<\/strong>\n<ul>\n<li>The corpus of the IIPDF shall comprise of <strong>initial budgetary outlay of Rs. 100<\/strong> Crore by the Ministry of Finance.<\/li>\n<li>Funding under IIPDF Scheme is in addition to the already operational Scheme for Financial Support to PPPs in Infrastructure (VGF Scheme).<\/li>\n<\/ul>\n<\/li>\n<li><strong>Composition of the IIPDF approval committee:<\/strong>\n<ul>\n<li><strong>Chairperson:\u00a0 <\/strong>Joint secretory, DEA<\/li>\n<li>Representative of NITI Aayog<\/li>\n<li><strong>Member Secretary<\/strong>: Deputy Secretory\/Private Investment Unit, DEA<\/li>\n<\/ul>\n<\/li>\n<li><strong>The approval committee will\u00a0\u00a0<\/strong>\n<ul>\n<li>Select projects for which project development costs will be funded.<\/li>\n<li><strong>Set the terms and conditions<\/strong> under which the funding will be provided and recovered.<\/li>\n<li><strong>Set milestones for disbursing<\/strong> and recovering (where appropriate) the funding.<\/li>\n<\/ul>\n<\/li>\n<li>The <strong>Public-Private Partnership Cell<\/strong> of the DEA will provide support functions to examine the applications received for assistance under IIPDF.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>Q1) What is Public-Private Partnership projects?<\/h3>\n<p>It is a contractual arrangement between a government or public sector authority and a private sector entity for the provision of public infrastructure, services, or facilities. PPP projects are typically long-term collaborations where the responsibilities, risks, and rewards are shared between the public and private sectors.<\/p>\n<p><strong>Source:<\/strong>\u00a0<a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1932386\" target=\"_blank\" rel=\"nofollow noopener\"><u>Infrastructure Finance Secretariat(IFS), DEA launches the revamped website of PPPININDIA and online portals for India Infrastructure Project Development Funding Scheme (IIPDF)\u00a0 and the Best Practices in Infrastructure<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India Infrastructure Project Development Funding Scheme (IIPDF) It is a Central Sector Scheme which will aid the development of quality PPP projects.<\/p>\n","protected":false},"author":5,"featured_media":12051,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-12050","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/12050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=12050"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/12050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/12051"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=12050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=12050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=12050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}