• Dr. Bhaskar R. Trivedi

The Infrastructural projects are supposed to be giant projects which Government alone can afford to build or construct especially because such projects seldom offer returns proportionate to the investment involved in it. The Government’s purpose of building or constructing infrastructure project is quite different from what a private investor / industrialist may have. The creation of employment, and accessibility to markets and services is directly related to the economic growth of the country which is the purpose of existence of the Government authority. The infrastructure projects generate employment and at the same time also gives easy access to markets and services. The access to markets and services again gives rise to generation of employment. The communication services, including telecommunication, marine and air transport, solving energy problems and good roads are the requirement of public as it leads to the expansion of business and hence it becomes duty of the Government to provide the same. Hence Government seldom verifies the infrastructure projects from commercial point of view, but for a private investor / industrialist, commercial viability is the first parameter in taking the decision before launching any project, infrastructural or otherwise. It is beyond doubt that the infrastructure in India is very poor compared to not only developed countries but also in comparison with developing countries and certain under developed countries.

PPP, IPP, Infrastructure, Commercial Viability, Economic Growth, Generation of Employment, Private Investors, Incentives, Exemptions

"Public – Private Partnership for Infrastructural Growth", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 10, page no.44-50, October-2018, Available :http://www.jetir.org/papers/JETIRF006009.pdf

"Public – Private Partnership for Infrastructural Growth", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp44-50, October-2018, Available at : http://www.jetir.org/papers/JETIRF006009.pdf