Public-private partnership popularly known as PPP, is a
constructive business model where a government agency and a private sector
company work together to achieve a common objective. Generally, PPP is a long-term contract between
a private party and a government entity in which policies are formulated to
ensure the time-bound creation of world-class infrastructure. Under PPC, a
government entity and a private party share their manpower and technical expertise
to build and operate projects; such as public transportation networks, parks,
and convention centers. There are concessions of tax or other operating revenue
and protection from liability involve in the public-private partnership. Below
are some examples of Public-Private Partnership (PPP) Projects in India.
