Imapact of PublicPrivate Partnership in Infrastructure Inclusive Growth in India
| dc.category | Journal Article | |
| dc.contributor.author | Ambiga Devi, P | |
| dc.date.accessioned | 2017-08-28T05:32:57Z | |
| dc.date.available | 2017-08-28T05:32:57Z | |
| dc.date.issued | 2011 | |
| dc.department | Economics | en_US |
| dc.description.abstract | Development o f an economy depends on the quantum o f investment made on infrastructure. Before economic reforms infrastrubture development was considered to be the domain o f the government. Since economic reforms o f 1991, it was realized that the government alone could not meet the financial requirements o f infrastructure and that the participation o f private sector is also essential. To have sustained growth, India should avoid the mistake o f reducing investment in infrastructure made by many Latin American and East'Asian countries in the 1990s when they faced financial crises. Reducing investment in infrastructure turned out to be a short-sighted fiscal solution, making it all the more difficult for these countries to get out o f recession. India faces extraordinary challenges in achieving its ambitious medium-term infrastructure investment program, anchored in the Government o f India’s XI Five-Year Plan (2007-12) document. The plan has estimated that US$492 billion is needed over the next five years in improving roads, raihvays, ports, power, and water. This would require almost doubling infrastructure spending from its current 5 percent o f GDP. In this backdrop, an attempt was made to analyse the impact o f public private partnership in infrastructure on inclusive growth in India. The findings o f the study show that the increase in the number o f projects in infrastriiciure under public private partnership could bring inclusive growth in the states. The value o f the projects was not a matter to contribute to inclusive grow’th o f the states. | en_US |
| dc.identifier.issn | 2249-7307 A | |
| dc.identifier.uri | https://ir.avinuty.ac.in/handle/avu/3448 | |
| dc.lang | English | en_US |
| dc.publication.category | Journal Article | en_US |
| dc.publisher.name | Asian Journal of Research in Business Economics and Management | en_US |
| dc.publisher.type | International | en_US |
| dc.title | Imapact of PublicPrivate Partnership in Infrastructure Inclusive Growth in India | en_US |
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