THE ROLE OF PUBLIC PRIVATE PARTNERSHIP IN TRANSPORTATION AND COMMERCIAL INFRASTRUCTURE PROJECTS IN INDIA

Transportation and Commercial Infrastructure plays a vital role in the urge for the development of the state and country. Due to the inefficient transportation facility many incidents are taken place including traffic jams, accidents and others which lead to a problematic situation for the community people and also lack of commercial infrastructure also main aspect of the economy development. India being the most developing nation among the other among the other nation in the world with regards to the commercial and transportation facility. But the backward region of the India has need to concentrated so that all the people of the state find convenience and easy accessibility for the businessmen. The public sector all alone is unable to fulfill the requirement so the government of India requires the collaboration with the private parties for the efficient completion of the project which enhances the quality and productivity of the project. Thus, this paper aimed to study the need and compare the projects between the transport and social and commercial infrastructure. Keywords: Public Private Partnership (PPPs), Transport, Commercial Infrastructure, India, Private Parties and Development of the economy.