Infrastructure Deficit in India:The Role of Public Private Partnerships

Abstract

It is being increasingly noticed that in order to sustain the high growth rates of 8-9 percent achieved by India in the past few years need to be supported by corresponding improvement in infrastructure. Moreover, the financing in Indian infrastructure is gradually moving away from public to private realm. It is expected in the 12^th Five-Year plan 50% of investment in infrastructure will come through the private route. This paper analyzes that India has lot of opportunity to grow using Public Private Partnership (PPP) model, but still the numbers of project undertaken are very less due to the prevalent infrastructure challenges.