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Infrastructure Development and the Role of Public-Private-Partnership (PPP) - Couverture rigide

Satyanarayana, Professor G

 
9788177084504: Infrastructure Development and the Role of Public-Private-Partnership (PPP)

Synopsis

Infrastructure is generally defined as the physical framework of facilities through which goods and services are provided to the public. Its linkages to the economy are multiple and complex, because it affects production and consumption directly, creates positive and negative spillover effects (externalities), and involves large flows of expenditure. Generically, it has the following distinct components: (a) energy (electricity, coal, petroleum and natural gas, renewable energy sources and atomic power for civil use), (b) transport (railways, roads and road transport, ports and shipping and civil aviation), (c) telecommunications and information technology, (d) special economic zones (SEZs), (e) harnessing water resources and irrigation, (f) rural infrastructure (housing, transport, communications, water supply and sanitation) and (g) urban infrastructure (housing, transport, slum clearance/development, water supply, sanitation and sewerage and solid waste management). Till recently, as the government implemented and financed the bulk of infrastructure outlays, all the attendant project risks were also borne by the government. Resource mobilisation, mainly domestic, was through pre-emption of funds from banks and insurance companies backed by issue of dated securities. Foreign funds mainly in the form of project-specific aid from bilateral and multilateral sources supplemented the domestic resources. Hence, infrastructure financing was relatively simple and straightforward, but undoubtedly inefficient and lacking accountability. Public-private-partnership (PPP) is a mode of providing public infrastructure and services by the Government in partnership with the private sector. It is a long-term arrangement between Government and private sector entities for the provision of public utilities and services. In view of the investments made/management provided by private sector entities, there is risk sharing as well as performance-linked payments made by the Government to the private entities. PPP concessions can either be sustained by user charges collected by the concessionaire or through annuity payments made by the Government. In case annuity payments are made, they are typically borne by the Government out of the annual budgetary allocations spread over time and are essentially in the nature of deferred budgetary payments. This book provides an exhaustive and analytical account of various facets of infrastructure development in India. It contains 29 chapters which are categorised under the following 8 theme parts: Part I: Infrastructure Policy and Public-Private-Partnership (PPP); Part II: Energy Needs, Sources and Management; Part III: Transport Modes and Services; Part IV: Telecommunications, Information Technology (IT), Broadcasting and Postal Services; Part V: Special Economic Zones (SEZs); Part VI: Water Resources and Irrigation; Part VII: Rural Infrastructure and Services; and Part VIII: Urban Infrastructure and Services.

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À propos de l'auteur

Professor G. Satyanarayana is presently UGC Emeritus Fellow at Sri Krishnadevaraya University (S.K. University), Anantapuram, Andhra Pradesh. He retired as Dean of Social Sciences and Director, Centre for the Study of Social Exclusion and Inclusive Policy from the same University. A gold medallist in M.A. (Economics), he has more than 100 research papers and six books to his credit. He successfully completed one major research project sponsored by the University Grants Commission (UGC), New Delhi. Earlier he worked as Director, College Development Council, S.K. University, Anantapuram and also as a senior research officer in the Centre for Planning and Development Studies, a premier State sponsored Research Centre in the University. Deeply interested in the economics of cottage and small-scale industries and environmental economics, Professor Satyanarayana has produced 38 Ph.Ds and 22 M.Phil. scholars in different areas of economic research. He was awarded the Andhra Pradesh State Best Teacher Award for the year 2010. Dr. Madhusudana H.S. is currently working as Associate Professor of Economics, Government First Grade College, Mulbagal, Kolar, Karnataka. He obtained his M.A. (Economics) and M.Phil. degree from Bangalore University, Bangalore in 1993 and 1996 respectively and obtained his Ph.D. Degree from Sri Krishnadevaraya University, Anantapuram, Andhra Pradesh in 2005. He has participated and presented research papers at various national and international conferences/semi

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