Public-Private Partnerships (PPPs) In Infrastructure Development In India: Legal Challenges And Economic Outcomes
- IJLLR Journal
- May 28, 2024
- 1 min read
Advika Devanshi & Aditya Jain, Symbiosis Law School, NOIDA
ABSTRACT
This research paper delves into the dynamic landscape of Public-Private Partnerships (PPPs) in infrastructure development in India, emphasizing their legal intricacies and the consequential economic impact. The significance of PPPs in enhancing infrastructure growth, especially in a fast- paced, democratic, and institutionally robust economy like India, is highlighted. The paper meticulously investigates the legal and regulatory framework governing PPPs in India, identifying key acts, policies, and government agencies responsible for oversight. Infrastructure sectors where PPPs have been implemented, including transportation and defence are categorized and discussed. Private sector participation and investment are scrutinized, emphasizing their contribution to economic development.