PART - III - Udyog Bandhu

. The Guidelines for selection of consultants/advisors, for selection of PPPDevelopers/Investors and for selection of Private Partners for Disinvestment shall notbe mandatory for cases where the above selections are required to be done under theprocedures decided by the Govt. of India or where GoUP has agreed to followguidelines as per loan / credit / grant agreement with donor agencies.s. In case where the procedures for selections of consultants / developers / privatepartners etc. are already laid down by an Act of the State Govt., the provisions of theAct shall take precedence over these guidelines. Subject to not being inconsistent withthe Act, the concerned department shall have the option to adopt these guidelines.t. The Guidelines for selection of consultants / advisors, for selection of PPPDevelopers/ Investors and for selection of Private Partners for Disinvestment shallsupersede any other guidelines or Govt. Orders which may have been issued fromtime to time, before 29th June 2007.u. The guidelines shall apply with prospective effect from 29th June 2007. In caseswhere certain selection procedures have been initiated before the 29th June 2007, theremaining steps after 29th June 2007 shall be taken in conformity with the guidelinesto the best possible extent.v. Difficulty Removal Committee (DRC): A Difficulty Removal Committee shall beconstituted under the Chairmanship of Infrastructure & Industrial DevelopmentCommissioner to decide on matters necessary for removal of difficulties which mayarise out of the provisions of these guidelines. The Committee shall also beempowered to examine and decide on cases where deviations in the guidelines arebeing sought. The Committee shall also include Principal Secretary / SecretaryFinance, Law and may co-opt any other officer(s) as its member, as deemed fit.The process flow chart on the next page shows the various stages of a typicalprivatisation transaction through strategic sale route.67