Educational Outreach: Critically Important for the Beneficiaries to Understand the Pros and Cons of PPP Projects (With Special Reference to NMC)

Prof. Neha Patvardhan; Dr. Smriti Pathak

Volume : VII, Issue : IV, April - 2017

Educational Outreach: Critically Important for the Beneficiaries to Understand the Pros and Cons of PPP Projects (With Special Reference to NMC)

Prof. Neha Patvardhan, Dr. Smriti Pathak

Abstract :

Given the emerging nature and complexity of public–private partnerships, this often requires an educational outreach effort to explain the pros and cons of public–private partnerships, explain the public sponsor‘s reasons for undertaking a public–private partnership project, and to explain the anticipated public–private partnership structure. With the introduction of PPP, the partner could supply services more effectively and cheaply. Many studies reveal that due to weaknesses in the public sector such as inefficiencies, wastefulness, carelessness, weakness in service delivery and provision of low quality goods for high rates, developing nations face problems to manage the waste properly. So, governments in developing nations have increased the involvement of the private sector to provide effective services which will conserve resources and achieve sustainable development. Thus developing countries have introduced PPP as an alternative solution to manage waste. Also the study found that the public sector alone could not deliver effective and valuable services. This paper specially focuses on NMC’s PPP projects which help NMC to achieve infrastructure development as well as reduces the financial burden on NMC.