Question

Public-Private Partnership (PPP) main objective is to combine the skills, expertise and experience of both the public and private sector in the light of this statement, specify its main advantages.

Answer 1

Public-Private Partnership refers to the involvement of private sector in the government projects aimed at the public benefit in the form of management expertise and monetary contribution.

Advantages offered by PPP are as follows :

(i) The PPP approach enables the government to overcome its budgetary and financial constraints.

(ii) Leads to faster implementation of infrastructural projects with a high degree of efficiency.