During his first Union Budget in July 2014, former finance minister Arun Jaitley announced the establishment of an institution called 3P India, with an allocation of Rs 500 crore. The intention was to introduce public-private partnerships (PPPs) in India. The plan was to combine the capacities of the government and the private sector to promote PPP projects.
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First published: Wednesday, July 6, 2022 06:05 IST