Authors:
- Offers a comprehensive “from-principles-to-practice” reference book for private participation in infrastructure with a special focus on India
- Discusses contemporary issues in Indian infrastructure including land acquisition, environmental clearance
- Uses relevant case studies to analyze PPP failures to pinpoint problems so as to avoid them in future
Part of the book series: India Studies in Business and Economics (ISBE)
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Table of contents (11 chapters)
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Front Matter
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Infrastructure PPPs—Concepts and Evidence
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Front Matter
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Infrastructure PPPs in India: Managing the Challenges
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Front Matter
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Back Matter
About this book
“Public Private Partnerships (PPPs) in India are currently under stress. A comprehensive treatment of the subject by a long-time and erudite practitioner and a management academic, this book should be useful to students trying to learn the basics, while also being valuable to professionals and policy makers. The book suggests that the Government should hold bidders accountable to their submitted bids, thereby preserving sanctity of contract. This will discourage aggressive bidding which has become a serious and endemic problem. The book also suggests the use of better bidding criteria to mitigate traffic risk in transport projects. Policy makers should pay heed to these suggestions as they consider improvements in the PPP policy regime going forward.”
—Arvind Subramanian, Chief Economic Adviser, India
“For a fast-growing India, infrastructure creation and operation is a great challenge and opportunity. This excellent book combines theory and practice on PPPs, and is very useful for professionals and students alike. With case studies and current developments, the authors bring out issues in India with global experiences as well. A must-read for infrastructure practitioners.”
—Shailesh Pathak, Chief Executive (Designate), L&T Infrastructure
Development Projects Limited “India’s program of private participation in infrastructure attracted worldwide attention as it became one of the largest programs in emerging markets. As well as the volumes of finance mobilized, it garnered interest because of some of the innovative approaches developed, such as Viability Gap Funding. The Indian PPP story is well captured in this book, which also makes the point that India is seeing project cancellations and failures rise. The authors analyze the factors behind this and point the way to a more robust PPP market that learns from the experiences of the past.”
—Clive Harris, Practice Manager, Public-Private Partnerships, World Bank
Authors and Affiliations
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Ministry of Finance, Government of India, New Delhi, India
Kumar V. Pratap
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Jindal Global Business School, O P Jindal Global University, Sonipat, India
Rajesh Chakrabarti
About the authors
Dr. Rajesh Chakrabarti is Professor and Executive Vice Dean at the Jindal Global Business School, Jindal Global University, Sonipat, India, and co-founder of Sunay Policy Advisory based in Gurugram, India. He has taught finance for over a decade and a half––at the University of Alberta, Canada, Georgia Tech, USA, and the Indian School of Business (ISB). As the founding Executive Director of the Bharti Institute of Public Policy at ISB’s Mohali campus, he helped design and launch one of India’s leading public policy programs. He has also been Executive Vice President, Research and Policy at the Wadhwani Foundation. Rajesh has held visiting positions at various institutions including Indian Institute of Management (IIM) Calcutta, Indian Statistical Institute (ISI) Delhi, India Development Foundation (IDF) Gurgaon, ICN Business School, Nancy, France, and the Federal Reserve Bank of Atlanta. He has authored or edited eight books, in addition to authoring several book chapters and articles on finance, economics, and management in leading international scholarly journals. He has been a columnist with the Financial Express and is frequently quoted in the media. His current research interests are in the areas of management and public policy. Rajesh is an alumnus of Presidency College, Kolkata, and IIM Ahmedabad, and earned his PhD from the University of California, Los Angeles, USA.
Bibliographic Information
Book Title: Public-Private Partnerships in Infrastructure
Book Subtitle: Managing the Challenges
Authors: Kumar V. Pratap, Rajesh Chakrabarti
Series Title: India Studies in Business and Economics
DOI: https://doi.org/10.1007/978-981-10-3355-1
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Nature Singapore Pte Ltd. 2017
Hardcover ISBN: 978-981-10-3354-4Published: 25 January 2018
Softcover ISBN: 978-981-10-9852-9Published: 09 June 2019
eBook ISBN: 978-981-10-3355-1Published: 09 January 2018
Series ISSN: 2198-0012
Series E-ISSN: 2198-0020
Edition Number: 1
Number of Pages: XXVII, 382
Number of Illustrations: 73 b/w illustrations
Topics: Public Finance, Public Policy, Real Estate Management, Development Economics