New Delhi: The Department of Economic Affairs (DEA), Ministry of Finance, has empanelled 12 transaction advisers for Public Private Partnership (PPP) projects to provide necessary support to the project sponsoring authorities.

In the Union Budget 2022-23, the Government of India has announced its intention to create an enabling environment for stepping up private investment in infrastructure. Earlier, the government has also launched VGF Scheme for financial support to PPPs to infrastructure projects which are economically justified but commercially unviable.

There has also been a demand from the state governments and its agencies for an enabling framework to eliminate delays in appointment of transaction advisors/consultants for preparing a shelf of bankable projects.

To create an enabling environment for stepping up of private investment in Infrastructure and to cater to the state governments demand the TA panel is made available to all Central Ministries, State Governments, Statutory Bodies, Public Sector Enterprises and other such undertakings. /BI/