Discuss the evolution and importance of | Class 11 Business Studies Chapter Private, Public and Global Enterprises, Private, Public and Global Enterprises NCERT Solutions
Question: Discuss the evolution and importance of Public-Private Partnerships (PPPs) in India.
Answer:
- Public-Private Partnerships combine the resources and efficiency of the private sector with the social objectives of the public sector.
- Evolution: PPPs gained traction in India in the late 1990s to meet infrastructure deficits and improve public services. Projects like airports, metro systems, and highways are key examples.
- Importance:
- Infrastructure Development: Accelerates projects like roads, ports, and power plants.
- Risk Distribution: Shares financial and operational risks between the public and private sectors.
- Quality Services: Leverages private sector efficiency to deliver superior public services.
- Economic Growth: Promotes investment and boosts employment opportunities.
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Study Tips for Answering NCERT Questions:
NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:
- Read the question carefully and focus on the core concept being asked.
- Reference examples and data from the chapter when answering questions about Private, Public and Global Enterprises.
- Review previous year question papers to get an idea of how such questions may be framed in exams.
- Practice answering questions within the time limit to improve your speed and accuracy.
- Discuss your answers with your teachers or peers to get feedback and improve your understanding.
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Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 8: Discuss the evolution and importance of Public-Private Partnerships (PPPs) in India.....
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