A public-private partnership (PPP) is a long-term agreement between a private company and a government agency to provide a public asset or service.
The challenges of providing affordable housing can be overcome by combining the strengths of private players with those of the public sector. Better outcomes can be achieved through case-specific PPP structures that include proper risk allocation and value creation.
To overcome the challenges and maximize financial gains by tapping the potential of affordable housing, the Indian government recently drafted a new policy on ‘Public-Private Partnerships for Affordable Housing.’ To achieve these gains while minimizing associated risks.
Large-scale government projects, such as roads, bridges, and hospitals, can be completed with private funding through public-private partnerships.
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