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Showing posts with the label Indian policymakers

Why the public-private partnership model has failed in India

Indian policymakers had been daydreaming all along that the public-private partnership (PPP) model could solve all the infrastructural deficiencies of India – a clear case of vision that had turned into wishful thinking. In reality, the supposedly resounding thrust on PPP has backfired and has even choked the prospects of this model. It is true that there is promise in the model, which had raised the hopes of the nation, especially in the areas of mega-infrastructural development projects. The entire nation had started to envision our metros becoming the equivalents of Shanghai or New York in the years to come. And why not? The drumbeats and glitter associated with the PPP model have been quite profound. If we compare the beaming airports of Delhi or Hyderabad (built through the PPP model) to the shoddy government achievements showcased in the quite ordinary looking Chennai and Kolkata airports, the point does gets proved. Against India’s poor infrastructural backdrop, PPP had been ex...