The government’s announcement of monetizing infrastructure to the tune of Rs 6 lakh crore or just north of USD 81 billion has been met with mixed reactions. Investors are both eager and wary. The announcement includes further privatization of airports though the government has been categorical in stating that ownership will remain unchanged. All indications are towards furthering the PPP model—with some elements modified. But the question remains: has the PPP model delivered for the country and its citizens?
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