Public Sector, Private Sector and Global Enterprises — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMPublic Sector, Private Sector and Global Enterprises2 Marks
Question
Why the need for public private partnership arised ?
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Answer
Due to globalization products of entire world started being sold in the market of India. Expansion of airport, good roads etc. are required.
For such infrastructure huge capital investment is required. To satisfy the need for capital investment, public private partnership concept came into being and adopted.
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