ENABLING FRAMEWORK FOR PROJECT DEVELOPMENT

Board of Infrastructure Development and Investment Promotion (BIDI):

This is an empowered committee under the Chairmanship of the Chief Minister of Rajasthan, to facilitate decision making for large projects, including those in the infrastructure sector. The committee also looks into and grants approval to projects seeking special concessions like stamp duty exemption etc.

Empowered Committee on Infrastructure Development (ECID):

The ECID is a committee set up under the chairmanship of the Chief Secretary along with members from IL&FS and PDCOR to approve projects to be developed by PDCOR using the funds available from the RPDF. ECID thus acts as the Investment Committee for the RPDF. The present composition of the ECID is shown below:

o Chief Secretary	- Chairman
o ACS (Infrastructure)	- Member
o Pr. Secretary, Finance	- Member
o Pr. Secretary, Industries	- Member
o Secretary, Planning	- Member Secretary
o Commissioner BIP	- Special Invitee

Rajasthan Project Development Fund:

This fund, with a total corpus of Rs 4.5 crores initially contributed by the State Government, IL&FS and HDFC, was set up in 1999 to finance the project development activities (costs of conducting feasibility studies for identified projects). Presently this fund has been converted into the Rajasthan Project Development Fund (RPDF) and is managed by IL&FS Trust Company Limited.