Why is Public Private Partnership required in infrastructural projects? | UPSC Mains 2022 | Edukemy 

General Studies 3 of UPSC paper mostly focusses on Economy, Agriculture, Environment, Science and Technology and Internal Security and Disaster Management.
Here, we are discussing the question from UPSC Mains 2022
Question - Why is Public Private Partnership (PPP) required in infrastructural projects? Examine the role of PPP model in the redevelopment of Railway Stations in India.
बुनियादी ढाँचागत परियोजनाओं में सार्वजनिक निजी साझेदारी (पी.पी.पी.) की आवश्यकता क्यों है ? भारत में रेलवे स्टेशनों के पुनर्विकास में पी.पी.पी. मॉडल की भूमिका का परीक्षण कीजिए ।
Public-private partnerships (PPPs) are a mechanism for government to procure and implement public infrastructure and/or services using the resources and expertise of the private sector. Where governments are facing ageing or lack of infrastructure and require more efficient services, a partnership with the private sector can help foster new solutions and bring finance.
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