Ministry of Finance, ris and FICCI thematic seminar
The Government of India is continuously focussing its efforts to enhance the investments in the Infrastructure Sector from various platforms such as private players, sovereign funds and multilateral institutions. A Thematic Seminar on private sector participation and innovation in resource mobilization was organized by Ministry Of Finance, RIS and FICCI on 11th June 2018. During the Inaugural Session, several eminent Speakers, including Sujoy Bose, CEO, National Investment and Infrastructure Fund (NIIF), Shailesh Pathak, CEO, L&T Infrastructure Development Projects Limited and Dr. Kumar V. Pratap, Joint Secretary (IPF), Department of Economic Affairs (DEA), Ministry of Finance, Government of India, shared their expert perspectives on the investment landscape in the Infrastructure Sector and also discussed the various initiatives undertaken by the present Government in this regard, in the last four years. The Session on ‘Risk Management’ was attended by eminent panelists like Sajjid Z Chinoy, Chief India Economist, JP Morgan, Sudip Sural, Senior Director, Infra and Public Finance, CRISIL Infrastructure Advisory, Praveen Gupta, Managing Director and Chief Executive Officer, Raheja QBE General Insurance, Suneet Maheshwari, Founder and Managing Partner, Udvik Infrastructure Advisors, Raghwendra Pande, Head Infrastructure and Real Estate sector, Investment banking, ICICI Securities Limited and Mr. Soumyajit Neogi, Associate Director, India Ratings who deliberated on various risks that one foresees, once a project is bagged, right from Regulatory Risks, Political risk, Market risk, Sponsoring risk and Judicial risk among others. The sessions in the latter half witnessed discourses on the impact of the regulatory climate for domestic and cross border projects, the social concerns involved for infrastructure funding, political stability and the risk reward ratio for the private sector. For the final session of the day, Najeeb Haider (Chief Strategy Officer, AIIB) added that, ‘While it is imperative to carefully allocate risks, it is also important to allocate the economies in the right manner. Among other distinguished members of the final panel discussion were Amitabh Jain, Principal Secretary, Finance, Government of Chhattisgarh and Agris Preimanis, Director, European Bank for Reconstruction and Development (EBRD).
(L to R) DR amir ullah Khan, n K Chand, s Ramann, sanjay Chadha,v s Chauhan, DAVID Rasquinha, shiva Rajarama, pankaj Kalani