Draft Karnataka Infrastructure Development And Regulation Bill, 2011
Draft Karnataka Infrastructure Development And Regulation Bill, 2011
The purpose of this Bill is to provide for a legal framework for infrastructure development through Public Private Partnerships, incorporating contractual arrangements to design, finance, construct, operate and maintain Infrastructure Projects, provide for a fair and transparent selection process, set out rights and obligations of the Government and private sector in the implementation of Infrastructure Projects, reduce administrative and procedural delays, set out incentives, specify project delivery process, establish an Infrastructure Authority with a view to present bankable projects to the private sector and generally to improve the delivery of public services in the state of Karnataka and for matters connected therein or incidental thereto.