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Discuss the evolution and importance of Public-Private Partnerships (P...

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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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.....

Discuss the evolution and importance of | Class 11 Business Studies Chapter Private, Public and Global Enterprises, Private, Public and Global Enterprises NCERT Solutions

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