Naidu stresses need for PPP–Viability Gap Funding Policy for infra development in A.P.
Andhra Pradesh Chief Minister N. Chandrababu Naidu is pushing for a new Public-Private Partnership (PPP) policy to accelerate infrastructure development. The state aims to leverage Viability Gap Funding to attract significant private investment across sectors like energy, tourism, and urban development.
Why it matters
This policy shift signals a major push for private sector participation in state-led infrastructure projects, potentially unlocking billions in investment for regional growth.
Chief Minister N. Chandrababu Naidu stated that Viability Gap Funding (VGF)-supported projects would play a pivotal role in driving future infrastructure development as the country has been undergoing an infrastructure revolution and stressed that Public-Private Partnership (PPP) projects offer the best opportunity to accelerate development across multiple sectors.
He directed the officials to place the AP Public-Private Partnership – VGF Policy 1.0 before the next Cabinet meeting and to issue detailed implementation guidelines at the earliest.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in