REVIEWED STUDY ON IMPACT OF PPP IN ECONOMY AND OTHER SECTORS
Author(s):
IMRANA BEGUM, Dr.RAVI KUMAR
Keywords:
Public-Private Partnership in India, Articles, Profit, Economic Services, Infrastructure, etc.
Abstract
Given its transition into the second fastest-growing country and the fourth largest global economy, India continues to face immense demand and supply shortages of basic social and economic services and infrastructure. The rapid development of the market, the expanding urban behavior, the thriving weight of the populace, and the total economic and social production of methane has contributed to a greater need for improved infrastructure and for the incorporation of wastewater systems, drainage structures, sewers, highways, waste management and power supply and seaports. Expanded competition added enormous uncertainty and disproportionate availability to existing facilities.In India, the focal states and the government are much more positive about utilizing PPPs to help resolve weaknesses in the delivery of vital services. India has seen significant changes in private spending in the last 10 years, first in many years and now in highways and ports and single schemes in various areas of its transportation divisions. Profit and public collaborations have the ability to invest together to tackle India's infrastructure problems. Public and public collaborations are no panacea, though.
Article Details
Unique Paper ID: 150543
Publication Volume & Issue: Volume 7, Issue 7
Page(s): 163 - 168
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