Exploring the Effectiveness of Public-Private Partnerships in Propelling Sustainable Infrastructure Development in India

Public-private partnerships are a dynamic and innovative concept introduced to overcome inadequate infrastructure constraining economic growth in India. The importance of Public-Private Partnerships is in finance, management, and maintenance options for infrastructure development in recent times. The study’s main objectives are to examine the status of the Infrastructure Projects under public and private partnerships and to analyze the progress of secondary and tertiary sector-wise infrastructure projects based on PPP. In the present study, the data does collect from secondary sources. To measure the reliability of the data used, Spearman ranks the correlation of coefficient. Lastly, this study results that most of the projects are under construction and not completed yet due to various reasons. The highest number of projects and the total cost incurred to territory sector infrastructure projects progress under PPP in India. This study suggested that the government has to take the initiative to complete the infrastructure projects.