Public-Private Partnerships Framework in India and Bangladesh for Infrastructure Development

Authors

  • Mr. Jahid Hossain Senior Assistant Secretary of People’s Republic of Bangladesh, Local Government Division, Ministry of Local Government, Rural Development & Cooperatives, Bangladesh.
  • Ms. Manika Mitra Research Officer, National Institute of Local Government (NILG), Local Government Division, Ministry of Local Government, Rural Development & Cooperatives, Bangladesh
  • Dr. Shreekant Sharma National Institute for Micro, Small and Medium Enterprises, Hyderabad, India

DOI:

https://doi.org/10.1956/jge.v13i2.459

Keywords:

Infrastructure development, PPP, India and Bangladesh

Abstract

PPP (Public Private Partnership) has provided opportunities for public and private sector for a win-win situation for both the partners. Experience to date in India, and internationally, shows that there is no unique formula for developing a sound PPP framework. However, successful programs are characterized by clear policy and legal frameworks for PPPs, competent and enabled institutions that can appropriately identify, procure and monitor PPPs, and efficient oversight and dispute resolution procedures. In India and Bangladesh it was seen that the private sector leveraged advantages in financing, greater operational efficiency, better marketing practices, lower costs, efficient delivery systems, faster decision making, management flexibility, quality service and better up scaling technologies. Whereas the public sector leveraged upon administrative base, public support, certifications, market base, extensive infrastructure. This article identifies key areas for success in various PPP infrastructure development projects both in India and Bangladesh.

Author Biography

Dr. Shreekant Sharma, National Institute for Micro, Small and Medium Enterprises, Hyderabad, India

Dr. Sharma’s field of specialisation is Rural and Agri Enterprises. He has dedicatedly worked for socio economic development of rural families at various capacities in Corporate and Government sectors. His professional experience encompasses areas of Marketing, Procurement, Sales, Research, Teaching and Extension. He has completed B.Sc (Agriculture) degree from Orissa University of Agriculture and Technology, Bhubaneswar and Post Graduate Programme in Agri Business Management from National Institute of Agricultural Extension Management, Hyderabad popularly known as MANAGE.  He has a Ph.D (Agri Business) degree from S.K. Rajasthan Agricultural University, Bikaner. His doctoral research work was on farm opinion leaders and their influence on buying of agri products in a rural set up. Adding to it, he has attained M.A degree in Economics, Post Graduate Diploma in Agricultural Extension Management and certificate courses in commodity markets, computer applications, financial markets, IPM, weather agro advisory, and IPR. He has published a number of research papers and articles in reputed journals and magazines. He has been awarded Dr. V.S. Vyas felicitation prize 2010-12 by Agro Economic Research Centre, Sardar Patel University, Vallabh Vidyanagar, Anand, Gujarat for best research and awarded “best potential for future development†for the research paper presented at International Conference on Agribusiness in Emerging Economies at Institute of Rural Management Anand (IRMA). Dr. Sharma is a life member of Indian Society of Agricultural Economics (ISAE). His current domain of interest includes promotion of agro and food processing industries, retail, project formulation, impact evaluation of government schemes, buying behaviour and entrepreneurship.

References

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Published

26.06.2017

How to Cite

Hossain, M. J., Mitra, M. M. and Sharma, D. S. (2017) “Public-Private Partnerships Framework in India and Bangladesh for Infrastructure Development”, Journal of Global Economy, 13(2), pp. 121–130. doi: 10.1956/jge.v13i2.459.

Issue

Vol. 13 No. 2 (2017)

Section

Articles

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