PPPs have not delivered much: Montek | business | Hindustan Times
Today in New Delhi, India
May 25, 2017-Thursday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

PPPs have not delivered much: Montek

The deputy chairman of the Planning Commission, Montek Singh Ahluwalia, admitted on Tuesday that public-private partnerships (PPP), much hyped for their capacity to bring in vital investment in critical socio-economic investors, had fallen short of aims.

business Updated: Oct 26, 2010 21:02 IST
HT Correspondents

The deputy chairman of the Planning Commission, Montek Singh Ahluwalia, admitted on Tuesday that public-private partnerships (PPP), much hyped for their capacity to bring in vital investment in critical socio-economic investors, had fallen short of aims.

He said PPPs had not delivered much, especially in health and education sectors, but he also added that the onus was on state governments as they had to deliver on PPP in social sector. "One of the states have asked to look into a PPP model for a drinking water scheme," he said, noting the possibilities.

To increase focus on social sector, Ahluwalia said more public money will have to be infused in social sector whereas the private sector investment will have to increase in the infrastructure sector.