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ZENITH International Journal of Multidisciplinary Research
Year : 2019, Volume : 9, Issue : 5
First page : ( 341) Last page : ( 355)
Online ISSN : 2231-5780.

Public-private partnership in railways: An Indian scenario

Dr. Ojha Mohit Kumar

Assistant Professor, Pune Institute of Business Management

Online published on 4 June, 2019.

Abstract

Public-private partnership (PPP) has evolved as an innovative model for infrastructure development and study focuses on the PPP initiatives in India in transport sector with major emphasis on railways and analyses the projects that have been implemented on PPP basis since its inception. Study is based on secondary data gathered from government websites, websites of various national and international agencies and from reports of government undertakings. Study concludes that PPP initiatives in India have not gone up to a level it needs to be; off late Government of India has recognized its importance. Lot of PPP projects are in pipeline in transport sector, highlighting the importance PPP has able to drive for infrastructure provision in India in recent years. Railway is lagging here as not much projects have been implemented on PPP basis especially on the fronts of modernization of railway stations.

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Keywords

Public-Private Partnership, Transport infrastructure, Railway sub-sector, Indian Railways, PPP Projects.

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