Measures to rejuvenate public-private partnerships

Public-private partnership, or PPP, is back in the reckoning with numerous new projects from ropeways to logistics parks being offered under this format. This renewed importance is underscored by the huge expectations from these projects. Hundred per cent of the National Monetisation Pipeline, or NMP, target of Rs 6 trillion and 40 per cent of the National Infrastructure Pipeline, or NIP, target of Rs 111 trillion is expected to be funded under PPP. That totals an expectation of Rs 50 trillion over the next five years. In recent times, private investment in infrastructure has been stagnating at Rs 2.5 trillion