Phase IFoundation
Background
Overview
PPPs are crucial for India's infrastructure development, but also raise concerns about transparency, accountability, fiscal burden, and potential for rent-seeking, making them a recurring topic in governance and economy.
Public-Private Partnerships (PPPs) represent a collaborative approach where government agencies partner with private sector entities to finance, build, operate, and maintain public infrastructure projects. In the context of National Highways, PPPs enable private concessionaires to undertake significant responsibilities, including bearing operational costs and collecting user fees, thereby leveraging private capital and expertise.