The BMC has decided to keep five school plots out of the PPP model after corporators raised concerns over low revenue returns and favouring private players. Members questioned the policy’s transparency, claiming the civic body would receive a minimal share despite leasing land for 30 years.
Mumbai: At least five BMC school plots will not go under the public private partnership (PPP) model. On Friday, the newly formed Education Committee took this call citing favours to private organisations who will benefit from it.
BJP corporator raises red flag over existing PPP policy
During the meeting BJP Corporator Rohan Rathod, who is also the chairman of the K-West Ward Committee, raised a red flag against the Brihanmumbai Municipal Corporation’s current PPP policy for schools. He alleged that the existing framework will leave the civic body with paltry returns.
"Leasing out vacant school plots to private entities under a 30-year PPP model is not favourable to BMC and am against the financial structure of the deals," said Rathod. "The land belongs to the BMC, and therefore, they should receive a much higher share of the revenue."
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