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Traditionally Infrastructure Development in India has been the right of the government with projects being funded through either the Central or State governments, and financed through their respective budgetary resources. However, due to a lot of daily arising constraints on financial and human resources available with the Government of Uttarakhand, there has been an increasing focus on attracting private sector participation through Public Private Partnership (PPP) in planning and development of infrastructure projects.
Today the debate is no longer being focussed on the conflict between public and private sectors, but rather on the most efficient way of sharing risk, joint financing, and achieving balanced partnerships between private sector developers/ operators and public authorities - the Public-Private Partnership. more..