Adoption Of Ppp In Infrastructure Projects: A Study Of Transport Sector In India
Keywords:
private sector, infrastructure development, public-private partnership, transportation infrastructure, economic success.Abstract
In the wake of public sector's growing inefficiencies, the private sector's participation in India's infrastructure development is crucial. Given the public sector's resource limits, PPP (public-private partnership) seems like the best option for infrastructure. High population growth and migration to cities have strained current infrastructure, creating a need for more. Demand for road, rail, and air transportation is high. PPP is the only option to meet transportation and infrastructure needs, and many governments have begun promoting it as a vital mechanism of infrastructure development and economic success. This study will investigate both government measures to encourage and grow public-private partnerships and project implementation and delivery, such as scope, status, etc. The report also looks at PPP projects in the transportation industry
