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Bureaucracy woos pvt investors

THE CURTAINS came down on the two-day annual mega convention of the Lucknow Management Association (LMA) here on Saturday. The top brass of the State bureaucracy used the LMA forum to invite private investors to the State.

india Updated: Oct 29, 2006 11:10 IST

THE CURTAINS came down on the two-day annual mega convention of the Lucknow Management Association (LMA) here on Saturday. The top brass of the State bureaucracy used the LMA forum to invite private investors to the State.

LMA president Jayant Krishna said the convention on ‘Public Private Partnership—Issues and Strategies’ (PPP) had helped create the right mindset among the stakeholders, as both the government and the private sector, realised that jointly they could help transform UP into an Uttam Pradesh.

The State Government’s seriousness about involving private players in development was evident from the participation of the who’s who of the State bureaucracy in the LMA convention.

“We have internalised the PPP concept in our planning process,” chief secretary NC Bajpai said.

He added, “The investors can approach me, the APC or principal secretary G Pattanaik directly to get their projects cleared. PICUP has been designated as the nodal agency for speedily clearing investment proposals.”

APC Anees Ansari said it would make good business sense for private players to work with the government here.

IIM-L director Prof Devi Singh, who was the keynote speaker in the concluding session, said, “PPP success is to be evaluated purely on financial and economic parameters.” He further said, “The PPP is important in public and private sector management, which can give better value for money.”

Public Health Foundation of India chairman and head cardiologist, AIIMS, Prof KS Reddy said, “Resource constraints of public sector lead to major issues of inadequate performance.”

He added, “The public sector should be responsive and the private sector should be much more responsible to strike a balance.”

Chairing the session, principal secretary, Agriculture, JS Mishra quoted an all-India survey on 5,60,000 farmers from 55,000 villages, which revealed that 40 per cent of the farmers did not wish to continue farming, but were compelled to do it for want of an alternate means of livelihood.

He said, “Despite expansion of agri banking facilities, nearly 40-42% of the farmers do not have access to the institutional credit system.” In his presentation, former APADA chairman Gokul Patnaik said, “Agriculture is adversely affected by lack of investment, infrastructure, credit and information.

RD Singh from Agri and Food Chain, Reliance Industries said extension and technology gaps and resource deficient farmers posed a challenge. IAS officer Monika Garg said, “Rural areas have the potential to provide an immense market of nearly Rs 63,000 crore because of middle-income households and twice as many low-income households. This is where the private sector can set up agri marts, which should be looked forward to by the public sector.”

Dr Om Prakash, principal secretary, Tourism said, “Tourism can be a major revenue earner for the State provided the government develops unknown destinations and creates tourism awareness.”

Former advisor, UP Government and former Union secretary, Tourism, GS Goswami said UP’s poor air connectivity was a big setback in development.

All India Resort Development Association chairman BS Rathor added that, “Tourism is not a product, but an experience which only comes by combining all services we can provide.”

Principal secretary, Land and Water Resources, Neeta Chaudhary focused on the strategies of making service delivery people friendly.

NISC CEO J Satyanarayana mentioned certainty, speed and convenience as people-friendly attributes of various services.

Yes Bank Ltd country head Tushar Pandey said putting citizens in charge, making them ‘inter-active’ through the Internet and improving government operations would bring about the desired change. Anant Jauhari, State co-ordinator, UP, Reliance Industries, who is also the LMA secretary, and Rajiv Verma, executive director, LMA, were happy with the meet. “We deliberated over the topic for the convention for long. It’s good that PPP has gone down well with both private players and the State Government,” Jauhary said.

First Published: Oct 29, 2006 11:10 IST