Role of Public-Private Partnership in Higher Education

6 Pages Posted: 20 Jan 2015

See all articles by Dr. Mohit Sharma

Dr. Mohit Sharma

Shri Venkateshwara University

Dr. Devesh Gupta

Dr. K. N. Modi University, Newai (RAJ)

Dr. Sudhinder Chowhan

Mr. Vishal Srivastava

Dr. K. N. Modi University, Newai (RAJ)

Date Written: January 17, 2015

Abstract

Public-private partnership (PPP) describes a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. These schemes are sometimes referred to as PPP, P3 or P3.

PPP involves a contract between a public sector authority and a private party, in which the private party provides a public service or project and assumes substantial financial, technical and operational risk in the project the government may provide a capital subsidy in the form of a one-time grant, so as to make it more attractive to the private investors. In some other cases, the government may support the project by providing revenue subsidies, including tax breaks or by providing guaranteed annual revenues for a fixed period.

Keywords: Public Private Partnership, Higher Education

Suggested Citation

Sharma, Dr. Mohit and Gupta, Dr. Devesh and Chowhan, Dr. Sudhinder and Srivastava, Mr. Vishal, Role of Public-Private Partnership in Higher Education (January 17, 2015). Available at SSRN: https://ssrn.com/abstract=2551391 or http://dx.doi.org/10.2139/ssrn.2551391

Dr. Mohit Sharma (Contact Author)

Shri Venkateshwara University ( email )

NH-24, 10 KM SO FAR FROM GAJRAULA
NEAR RAJABPUR
AMROHA, UTTAR PRADESH 244235
India

Dr. Devesh Gupta

Dr. K. N. Modi University, Newai (RAJ) ( email )

Ricco Industry Area II, Phaqse-II
Newai Dist
TONK, RAJASTHAN 304021
India

Mr. Vishal Srivastava

Dr. K. N. Modi University, Newai (RAJ) ( email )

Ricco Industry Area II, Phaqse-II
Newai Dist
TONK, RAJASTHAN 304021
India

No contact information is available for Dr. Sudhinder Chowhan

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