Topic: Infrastructure: Energy, Ports, Roads, Airports, Railways etc.
4. Innovative PPP models that infuse technological innovation can catalyse the transformation of public policy, systems and service delivery. Elaborate. (250 words)
Difficulty level: Moderate
Reference: Live mint
Why the question:
Although India has made great developmental progress and is emerging as the fastest-growing major economy in the world, there are still some persistent development challenges that exist.
Key Demand of the question:
Directive word:
Elaborate – Give a detailed account as to how and why it occurred, or what is the context. You must be defining key terms wherever appropriate and substantiate with relevant associated facts.
Structure of the answer:
Introduction:
Start by defining PPP model of investment.
Body:
First, explain the various features of the PPP model and its various types and advantages of innovative PPP models. Substantiate with examples.
Next, write about the various bottlenecks in PPP model – Regulatory hurdles related to Land Acquisition, crony capitalism, wrongful risk allocation, delays and stalled projects and conflicts between the government and the contractor etc.
Suggest steps as to how to overcome them.
Conclusion:
Conclude with a way forward.
