STUDY ON CHALLENGES AND DEVELOPING A SUCCESSFUL PPP SCENARIO IN INDIA

STUDY ON CHALLENGES AND DEVELOPING A SUCCESSFUL PPP SCENARIO IN INDIA
Author(s):
Imrana Begum, Dr. Ravi Kumar
Keywords:
Public-Private Partnerships, Challenges, Socio-economic impact, India, etc.
Abstract
India is a developed world with rapidly developing infrastructure. The infrastructure has to be established, which necessitates an injection of funds. The government is short of funds for long-term growth. Public-private partnerships are exploding all over the place. According to the Government of India, a Public Private Partnership (PPP) project is one that is focused on a long-term arrangement or concession deal between a government or regulatory authority on the one hand and a private sector corporation on the other, for the delivery of infrastructure services in exchange for user fees. In a Public-Private Partnership, the public entity identifies the results it requires from the initiative. The private sector is in charge of the project's planning, construction, execution, and maintenance, as well as meeting the public agency's production requirements. The challenges of designing a competitive PPP scenario in India are examined in this article.
Article Details
Unique Paper ID: 151312 Publication Volume & Issue: Volume 8, Issue 1 Page(s): 6 - 9
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