Pvt investors can play vital role through PPP model:CM

New Delhi, Jan 28 (UNI) Delhi Chief Minister Sheila Dikshit today stressed the need for private investment and said both the Centre and the states favoured a more ''intensive use'' of the Public Private Partnership(PPP) route to meet gaps in the provision of basic services.

''The need for private investment has arisen as both the central government and the states are eager to use the PPP route more intensively to meet gaps in the provision of basic services,'' Ms Dikshit said while delivering the keynote address at a workshop on PPP here.

She urged private investors to come forward to accelerate the pace of development of infrastructure and bring about an improvement in public services through the PPP model.

Private stakeholders should do away with the principle of accumulating huge returns continuously against their invested amount, she added.

Describing PPP as one of the wider models of partnership of all stakeholders like the ''Bhagidari programme'' of her government, Ms Dikshit said it would also provide opportunities to private investors to realise their social responsibilities.

''The expansion of the PPP will result in a great leap forward,'' she said.

UNI RR MS RS1621