Assessment of Strategy to Revive Private Sector Participation in Infrastructure Projects in India

Dr. Jyotirmoy Sarma

Volume : IX, Issue : V, May - 2020

Assessment of Strategy to Revive Private Sector Participation in Infrastructure Projects in India

Dr. Jyotirmoy Sarma

Abstract :

Private sector participation in infrastructure projects in India is essential, as government alone cannot invest large funds required for the purpose. Utilization of fund and expertise of private sector in Indian infrastructure development has taken place in the form of Public Private Partnership projects and the same is presently going on. But, the momentum of implementation of public private partnership projects in India has come down in past few years due to different issues. Government has taken some measures to address the issues. But, these measures are not sufficient and more actions are needed. In the paper, the author has reviewed issues hampering PPP projects in India and different recommendations forwarded by different stakeholders to increase private sector participation in infrastructure projects. The paper also includes review of implementation of the recommendations by Government and required actions to be taken up in future.