A Study On Public Private Partnership Road Projects In India With Special Reference To Uttar Pradesh
Keywords:
Public Private Partnership (PPP), Gross Domestic Product (GDP) and Uttar Pradesh (U.P.)Abstract
High-quality infrastructure is the most dynamic criteria for continuing growth rate of an economy. According to the Planning Commission, for 8% of GDP needs to be invested in infrastructure development that during the current 5-year plan. The investment sector includes telecommunications, transport, road, electric power, rail, air, water supply and irrigation as well. In order to satisfy the above demands, different public-private Partnerships (PPPs) are being promoted for the enactment of infrastructure approaches.
PPPs comprise undertaking forms of the partnership of two sectors i.e. private sector and public-private sector. In this paper, researcher has studied the ongoing projects in Uttar Pradesh, India for a period of 2004-05 to 2016-17, and also analyzed the different models of Public Private Partnership preferred by the Indian Government