BibTeX:

@article{IJIRSTV3I5013,
     title={Public Private Partnership in India: Pertinence, Performance and Potential},
     author={Mushtaq Ahmad Shah and Dr. B. D Mishra},
     journal={International Journal for Innovative Research in Science & Technology},
     volume={3},
     number={5},
     pages={40--45},
     year={},
     url={http://www.ijirst.org/articles/IJIRSTV3I5013.pdf},
     publisher={IJIRST (International Journal for Innovative Research in Science & Technology)},
}

India, located in South Asia is a large country that ranks second in the world in terms of population and seventh in terms of geographical area. But, India greatly lagged behind economically and socially compared to the developed world one factor which is a drag on its development is the lack of world class infrastructure. As the development of world class infrastructure in tune with the growing needs and also for strengthening and supplementing the existing infrastructure facilities is a herculean task for governments alone especially due to fiscal constraints and other monitory liabilities, Public Private Partnership (PPP) model has emerged and is likely to be encouraged as a preferred mode of funding infrastructure. Though India adopted the mixed economy approach of economic development, the said principle of public-private partnership is still vague in its conception, actual adoption and implementation. The PPP projects are widely implemented in the areas of infrastructure services such as education, health care, transportation, tourism, energy and Urban Development. The objective of this paper is to examine the relevance of the PPP projects implemented in India, their progress and future potential. The study relies on secondary information published by the Department of Economic Affairs, Ministry of Finance, and Government of India. The study highlights the regional disparity in the PPP Projects across Indian states. There is need to focus on social sectors, especially health, education and agriculture which currently accounts very small number of PPP projects in India.

Development, Infrastructure, Investment, Public Private Partnership