Public private Partnership for Rural Infrastructure Development in India

Keshari Nandan Mishra

Abstract


Government of India has given attention towards the infrastructure development of the rural and urban area. Government has given priority to the infrastructure development in the five year plan but many constraints have resulted in slow growth of rural and urban infrastructure in India. Until now investment in infrastructure sector has been largely the responsibility of the public sector in India. Even during the current period of economic reform, started in 1991 the dismal state of rural infrastructure has hardly shown any significant improvement. To improve the quality and coverage of infrastructural services, the public sector should either make way for private and informal providers or enter into partnerships with the private sector. Public private Partnership Model has been one of the innovative approaches for development of infrastructure. This paper is an attempt to analyze the important aspects of PPP for the development of rural Infrastructure in India, and to understand the various schemes of Government for the infrastructure development.

 


Keywords


Collaboration, Joint project, Infrastructure project, Infrastructure investment

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