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Revisiting Dispute Resolution Mechanisms

It is important for the government to develop an efficient dispute resolution mechanism to prevent the slowdown of PPP projects.

The private sector brings with it the benefit of private funding of the projects and efficiency of operations. ‘Public-Private Partnership’ (PPP) has been a relatively flourishing model for infrastructure development in India. In PPP, the concession agreement is signed between two parties i.e., the authority and the private party, viz., concessionaire, where the private party is elected through the process of open competitive bidding.

PPP Article in Infrastructure 230816