Phase IFoundation
Background
Overview
Critical for understanding infrastructure development, resource mobilization, governance models, and economic reforms in India. It's a recurring theme in GS3 (Economy) and GS2 (Governance).
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.