Topic > Essay on Public-Private Partnership - 760

Public-Private Partnership A public-private partnership (PPP) is an agreement between the government and the private sector for the purpose of providing public services or infrastructure. With a general appearance underway, the public and private sectors bring to the table their experiences and strengths resulting from the achievement of common objectives. The Government of India (GoI) has focused on expanding enabling tools and activities to persuade private sector investments into the country through the PPP format. Not surprisingly, $150 billion in private funds could close the $500 billion infrastructure gap between 2007 and 20121. To address this funding gap, the PPP model is increasingly seen as a means to leverage private sector investment and seek operational efficiencies in the provision of public goods and services. The extent to which the Italian government envisages a notable role The role played by PPP in improving the level and quality of economic and social infrastructure services is increasingly evident from the increasing reliance on the PPP model in the current past. Current status of PPPs in India The PPP India database (branch of Economic Affairs, Ministry of Finance) indicates for the purposes of 758 PPP projects the assigned price of 3,833 billion rupees3 / the ongoing status (i.e., in preparation, construction or in phases where construction/construction of a minimum amount is imminent). There are tremendous untapped possibilities for using the PPP module in the e-governance, healthcare and education sector. Karnataka, Andhra Pradesh and Madhya Pradesh are the leading states in terms of number and value of PPP projects. Domestically, the national main stream... middle of paper... goes to government coffers. Among the disadvantages of increased tourism are losses from the economies of developing countries through imports, high inflation, land speculation, low investment back due to the seasonal nature of tourism, etc. A major drawback of small countries with rich tourism resources is that they tend to rely too much on tourism which is vulnerable to local and regional conflicts as well as a national catastrophe. India has huge potential for domestic tourism. The economic contribution of domestic tourism is estimated at Rs. 33,000 crore compared to Rs. 3300 crore in international tourism. Hence, from an economic point of view, domestic tourism is more important than international tourism, especially for a country like India and for which the role of the public and private sectors in the expansion of the economy should be complementary..