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State the meaning of public private partnership. - Business Studies

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प्रश्न

State the meaning of public private partnership.

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उत्तर

The Public Private Partnership is that model of partnership wherein the tasks, obligations, responsibilities and risks are optimally allocated among the public and the private partners. In a PPP, the public partner may include government entities, such as ministries, government departments, municipalities, etc., whereas the private partner may include local or foreign businesses or investors with relevant technical or financial expertise. 

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Concept of Public Private Partnership
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पाठ 3: Private, Public and Global Enterprises - Short Answer Questions [पृष्ठ ७९]

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एनसीईआरटी Business Studies [English] Class 11
पाठ 3 Private, Public and Global Enterprises
Short Answer Questions | Q 7 | पृष्ठ ७९
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