Phase IFoundation
Background
Overview
Crucial for understanding infrastructure development, governance, resource mobilization, economic reforms, and the evolving role of the state and market in India. It's a recurring topic in economic and governance papers.
Public-Private Partnerships (PPPs) are long-term contracts between a private party and a government entity for providing a public asset or service, in which the private party bears significant risk and management responsibility. They are used to leverage private sector efficiency and capital for public infrastructure and service delivery.