ISSUES OF PUBLIC PRIVATE PARTNERSHIP FOR INCLUSIVE AND SUSTAINABLE DEVELOPMENT

Ms. Dharti Shah, Prof. Santosh Kumar

Abstract


Inclusivity implies that the benefit of economic development and progress reaches to all the sections of the society irrespective of socio-economic or linguistic identities. Sustainable development connotes judicious usage of the resources available to us so that the future generations can also derive the benefits from the same. Both these parameters are a complimentary to each other for a country to develop and prosper. Measures are being taken by the government in order to facilitate the inclusive growth and sustainable development. One of the initiatives is the public private partnership which is cost effective and shares the burden of the government in social development. However, public private partnership model creates a set of whole new challenges where there are concerns regarding the compatibility on the private sector’s short term focus on return on investment which needs to be converted into the realization of the long term achievable sustainable targets. This paper emphasizes on the public private partnership model which is not able to address the issue of inclusive growth and development for which they had been primarily incorporated. The authors draw inferences from two case studies viz.: the PPP model of Bus Rapid Transport System (BRTS) which provides convenient and efficient public transport service in Ahmedabad and PPP model of health sector in India which needs to be upgraded to improve the services of providing health care. These two case studies provide an insight on the issues and challenges of public private partnerships and how the alliance can be made stronger and what can be the solutions to address the questions regarding PPP and Inclusive Growth and Development.

Keywords: social development, inclusive growth, public private partnership


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