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TRANS Asian Journal of Marketing & Management Research (TAJMMR)
Year : 2018, Volume : 7, Issue : 1
First page : ( 57) Last page : ( 63)
Online ISSN : 2279-0667.

“Role of public-private partnership (PPP) in the progression of social infrastructure and development”

Karunambika R.*, Sudha A.**

*Faculty, Avinashilingam Institute for Home Science and Higher Education for Women, Coimbatore, India

**Special Educator, Vibgyor High, Bangalore, India

Online published on 9 February, 2018.

Abstract

Social Infrastructure has a vital role to play with the development of any Nation. In developing countries, which work ahead with Vision & Mission to achieve the status of Developed Countries, social infrastructure has to be given the utmost importance as the Economic Development of a nation strongly rests on the improvement in the Social Infrastructure such as Education, Health, Housing, Transport etc, besides boosting its GDP. For the well being of the nation in terms of quality human capital, it is essential for any Government to provide its fellow men with the right infrastructure that facilitates betterment in all grounds. For e.g. when it comes to Education, the infrastructure should be so well planned that every child that is being born should be able to afford to minimum education. India's literacy rate is 74.04% as per the latest statistics. This has to be increased furthermore, for which the Government has to evolve policies and plans for rendering education services to the interior rural areas which have no schools even today. Similarly, every sector of the social infrastructure has to be given diligent care and concern and should be focused to develop for a better tomorrow, when fulfillment of basic amenities for every citizen, higher literacy rates, better employment opportunities and a well-planned economic development will sprout up. For this, the Government would definitely need the support of the Private ownership which will lend a supporting hand to achieve the targets set towards the infrastructure development. This paper throws light on the various sectors of Social infrastructure, which are more likely to attract Private Partnerships and that which are prone to be result-oriented.

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Keywords

Government, PPP, Private-Public, Social, Infrastructure, Economy, Literacy, Employment, development.

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