Appraisal of Programmes/Schemes/Project
One of the important functions undertaken in NITI Aayog relate to appraisal of programmes/schemes/projects. The appraisal work is undertaken through two divisions namely, Project Appraisal Management Division (PAMD) and Public Private Partnership Appraisal Unit (PPPAU). The PAMD undertakes appraisal of public-funded programmes/schemes/projects while the PPPAU appraises Public Private Partnership (PPP) projects received from Central and State/UT Governments for Viability Gap Funding (VGF) under the Scheme for Financial Support to PPP in Infrastructure.
Appraisal work undertaken during 2017-18
2. As per the extant financial limits of appraisal forum, PAMD conducts comprehensive appraisal of programmes/schemes/projects costing above Rs.500 crore and prepares appraisal notes in consultation with the subject divisions of the NITI Aayog. The appraisal by PAMD facilitates decision-making in respect of programmes/schemes/projects considered by the Public Investment Board (PIB) and the Expenditure Finance Committee (EFC) depending upon the nature and size of proposals. The Division also appraises proposals of Ministry of Railways costing above Rs.500 crore which are considered by the Expanded Board of Railways (EBR). The timeframe for issue of appraisal note by PAMD is four weeks from the date of receipt of EFC/PIB/EBR memo.
3. During 2017-18 (upto 11.12.2017), 209 appraisal notes on EFC/PIB/EBR proposals involving outlay of Rs. 17.06 lakh crore have been issued. The sectoral distribution of projects appraised during 2016-17 and 2017-18 (upto 11.12.2017) is enclosed at Annexure. Information pertaining to major groups of sectors is summarized in Table 1 .