Indian Agricultural Marketing being benefitted by using PPP: Special Perspective of Bihar State

A public-private partnership is a contractual treaty involving a public organization (local, state or federal) and a private sector body. It provides an opportunity for private sector participation in financing, designing, construction, operation and maintenance of public sector programmed and projects. Some of the benefits of public and private sector confluence are - PPP combines the unsurpassed features of the public and private sector collectively, reduced open public capital investment & mobilization of private capital. Central Government has taken some initiative as the reforms in PPP as far as agriculture is concerned, as: Institutional credit for agriculture sector, Agro Infrastructure Fund, Agricultural Mechanization etc.