PUBLIC PRIVATE PARTNERSHIP IN INDIAN RAILWAYS

Authors

  • Prafulla K Swain , Bibhuti B Pradhan

Abstract

This paper analyses the emerging scope of procurement for a Public Private Partnership
to grow India's rail industry and economy. The direction & mechanism of collaboration &
institutional firms, based on rules of the government. In India, the economy has grown rapidly
following economic liberalization, with foreign and private investment being introduced on
friendly policies. Governments around the world were working on innovative approaches to fund
initiatives, develop facilities, and provide services in a dynamic global setting. It includes
coordination & collaboration for mutual advantage can be categorized in administration as
collaboration among individuals or companies within private or public-sectors. Mostly in
developing markets PPP has major benefits with few to no drawback (new money, technologies,
strategic experience, and exposure to international markets in inexpensive contract). The goal of
this paper is to explain the position PPP plays in growth of railways. Work was focused upon the
details, obtained through several relevant resource.

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Published

2020-12-02

How to Cite

Prafulla K Swain , Bibhuti B Pradhan. (2020). PUBLIC PRIVATE PARTNERSHIP IN INDIAN RAILWAYS. PalArch’s Journal of Archaeology of Egypt / Egyptology, 17(6), 5337 - 5351. Retrieved from http://mail.palarch.nl/index.php/jae/article/view/1802