Description
New Century Publications Infrastructure Development and the Role of Public-Private-Partnership (PPP) by G Satyanarayana et al
Infrastructure is generally defined as the physical framework of facilities through which goods and services are provided to the public. Its links to the economy are multiple and complex because it affects production and consumption directly, creates positive and negative spillover effects (externalities), and involves large flows of expenditure. Until recently, as the government implemented and financed the bulk of infrastructure outlays, all the attendant project risks were also borne by the government. Resource mobilization was through pre-emption of funds from banks and insurance companies backed by issue of dated securities. Foreign funds-mainly in the form of project-specific aid from bilateral and multilateral sources-supplemented the domestic resources. Hence, infrastructure financing was relatively simple and straightforward, but undoubtedly inefficient and lacking accountability. Public-private-partnership (PPP) is a mode of providing public infrastructure and services by the government in partnership with the private sector. It is a long-term arrangement between the Indian government and private sector entities for the provision of public utilities and services. This book provides an exhaustive and analytical account of various facets of infrastructure development in India. It contains 29 chapters which are categorized under the following sections: Part I: Infrastructure Policy and Public-Private-Partnership (PPP); Part II: Energy Needs, Sources and Management; Part III: Transport Modes and Services; Part IV: Telecommunications, Information Technology (IT), Broadcasting and Postal Services; Part V: Special Economic Zones (SEZs); Part VI: Water Resources and Irrigation; Part VII: Rural Infrastructure and Services; and Part VIII: Urban Infrastructure and Services. [Subject: Business & Economics, Energy Studies, Rural Development, India Studies, Economic History, Trade, Economic Development]