Volume : VII, Issue : XI, November - 2018

Public Private Partnership In Construction Industry

Shaunak Singh Monga, Sarang M. Dhawade

Abstract :

 The Public Private Partnerships (PPPs) have emerged as a very feasible, reliable, viable, and growing mode of creating infrastructure for developing country like India. Though public sector will continue to play a dominant role in building of infrastructure, the PPPs have enabled us to channelize private sector investment in infrastructure. Keeping in mind that our country is still starved of infrastructure required for high level development, the opportunities for the growth of joint venture between both the sectors are huge and desirable. The anticipated percentage participation of the private sector in the twelfth plan is much higher than the earlier plans. The Indian PPP scenario as it stands an optimistic picture. However several bottlenecks and challenges have been encountered in PPP model development in India also. Some of the major challenges relate to regulation and availability of finance for the private sector. The Government of India on its part has been fully aware of the benefits that such partnerships can offer to the country and has been taking steps to remove some of these problems. The present study is an attempt to justify into the scope, future growth and risks that such partnerships may hold for the country.

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

Public Private Partnership In Construction Industry , Shaunak Singh Monga, Sarang M. Dhawade , PARIPEX-INDIAN JOURNAL OF RESEARCH : Volume-7 | Issue-11 | November-2018

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