Public investment, private profit
PPPs in infra are on the cusp of disaster. The country needs a different strategy to build public services infrastructure
Growth is back on the agenda, says the government. It is hoping that with pushy announcements foreign and Indian investment will miraculously start pouring in and infrastructure will be the name of the game once again. But this assumption ignores one crucial detail: currently, public-private partnerships (PPPs) in infrastructure are on the cusp of disaster. India needs a different strategy to build public services infrastructure.