A Study on Public-Private Partnerships for Economic Transformation in India

Abstract

The study focused on Public-Private Partnerships (PPPs) have become a vital mechanism for mobilizing resources, enhancing efficiency, and accelerating development in both developed and developing economies. By combining the strengths of the public sector’s regulatory and social objectives with the private sector’s innovation, efficiency, and capital, PPPs contribute to large-scale infrastructure projects, service delivery, and economic transformation. This paper examines the role of PPPs in fostering inclusive growth, explores financing models, highlights challenges, and discusses global and national case studies. The study employs a qualitative approach using secondary data and policy reviews. Findings indicate that PPPs can be powerful tools for economic transformation if supported by robust governance, transparent regulations, and equitable risk-sharing frameworks.