NDLI: Cost benefit analysis of investment projects

Content Provider	OECD iLibrary
Organization	OECD
Abstract	Governments are faced with budget constraints and therefore should invest in those projects that represent the greatest benefits compared to costs. In addition, the presence of market failures, which are situations in which markets left on their own would produce inefficient results (e.g. monopolies), are commonly addressed by government intervention. Regardless of whether a project is carried out by traditional public provision, public-private partnerships, or others, its economic appraisal remains the responsibility of government. Cost benefit analysis (CBA) is a methodology with a long intellectual and practical history for estimating the ex ante desirability of a project. It is designed to demonstrate whether or not the long-term social benefits of a project are greater than its costs. In practice, it estimates the opportunity cost or benefit of goods and services and uses these accounting prices (or shadow prices) as a more appropriate signal than observed market prices, which may be distorted by a variety of reasons. Performance indicators are then computed; typically, a positive net present value of benefits over costs is required in order to conclude that ex ante a project is socially desirable.
Page Count	2
Starting Page	104
Ending Page	105
Language	English
Publisher	OECD Publishing
Publisher Date	2015-07-06
Access Restriction	Open
Subject Keyword	Governance
Content Type	Text
Resource Type	Chapter

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Cost benefit analysis of investment projects