Page 36 - DMGT302_FUNDAMENTALS_OF_PROJECT_MANAGEMENT
P. 36

Unit 2: Project Analysis and Selection




                 What would be the potential availability?                                        Notes
                 What are the likely shortages/bottlenecks?
                 What measures may be taken to augment supplies?



              Did u know?  Government of India recognizes that there are significant shortcomings in
              the availability of critical infrastructure in the country at central as well as state and local
              level and that this is hindering rapid economic development.

            2.8 Basis of Government Regulatory Framework

            Government of India recognizes that there are significant shortcomings in the availability of
            critical infrastructure in the country at central as well as state and local level and that this is
            hindering rapid economic development. In addition, the development of infrastructure requires
            very large investment that may not be possible out of the budgetary resources of Government
            of India alone. In order to remove these shortcomings and to bring in private sector resource as
            well as techno-managerial efficiencies, the government is committed to promoting Public Private
            Partnerships (PPPs) in infrastructure development.
            It is also recognized that infrastructure projects have a long gestation period and may not all be
            fully financially viable on their own. On the other hand, financial viability can often be fully
            financially viable on mechanism that provides government support to reduce project costs. The
            Government of India therefore proposes to set up a special facility to provide such support to
            PPP projects. This support is generically termed as ‘viability gap funding’ throughout this
            document. This facility will be housed in the Department of Economic Affairs (DEA). Suitable
            budgetary provisions will be made on a year basis.
            Self Assessment


            Fill in the blanks:
            11.  The ....................... chosen must be judged in terms of the total product mix generated by it,
                 including saleable by products.

            12.  ....................... sources of data on livestock and forest products often do not provide a
                 dependable basis for estimation.
            13.  ....................... viability can often be fully financially viable on mechanism that provides
                 government support to reduce project costs.




              Case Study  UIDAIs Aadhaar Project: Challenges Ahead

                     adhaar previously called as the Unique Identification (UID) project was the 12
                     digit identification number provided by the Unique Identification Authority of
              AIndia (UIDAI) on behalf of the GoI. The number served as proof of address and
              identity for citizens anywhere in India. In June 2009, Nandan Nilekani (Nilekani), former
              CEO of Infosys Technologies Limited was invited by Singh to head the Aadhaar project and
              was roped in with the rank of a Union Cabinet Minister as the Chairperson of the UIDAI. In
              September 2010, the Aadhaar project was launched by Singh and UPA Chairperson, Sonia
                                                                                  Contd...



                                             LOVELY PROFESSIONAL UNIVERSITY                                   31
   31   32   33   34   35   36   37   38   39   40   41