Question
What do you understand by the public private partnership model of development?
Enumerate the types of public private partnership models available in our country?
Answer :
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The public private partnership model of development refers to a collaborative arrangement between government institutions and private sector entities to design, finance, implement, and operate development projects and services. This model is adopted in areas where the government alone may not have sufficient resources, technical expertise, or managerial efficiency, while the private sector may not have access to the required policy support or large-scale infrastructure ownership. Public private partnership, commonly known as PPP, is seen as an innovative mechanism of governance that combines public accountability and private sector efficiency. The main aim is to enhance service delivery, improve infrastructure, and achieve socio-economic development goals while
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