Public Private Partnership in Infrastructure Sector in India

Abstract

The present paper deals with the public and private sector partnership in infrastructure in India. The Indian infrastructure sector is one of the largest sectors. This paper has been divided into eight major segments namely introduction, meaning of public private partnership, infrastructure position in India, core sectors in infrastructure, constraints of private sector, limitations of public sector, Government of India and PPPs, suggestions & concluding remarks and lastly references. India has, since the early 1990s, been looking to the private sector to fill investment gaps in infrastructure but investment in infrastructure in India over the past two decade has not lived up to expectations. More investment is required in case of care sectors like roads, railways, ports, airports, power and telecoms. This paper highlights the importance of these sectors in the growth of economy and also puts light on their respective role. Future potentials and Government initiative has also been discussed briefly. Suggestions are also given to make these sectors’ part better.

Keywords: infrastructure position,public private partnership

JEL Classification: A1