Indian policymakers had been daydreaming all along that the public-private partnership (PPP) model could solve all the infrastructural deficiencies of India. In reality, the resounding thrust on PPP has backfired and has even choked the prospects of this model.

Against India’s poor infrastructural backdrop, PPP had been exponentially scaled up in the last 10 years under a blind faith that it would produce nothing short of a miracle. Private participation has been consequently rising in PPPs in sync with government’s mission and policy. In the 11th Five Year Plan for example, the government’s estimation of investment on the country’s infrastructure between 2007 and 2012 was pegged at $320 billion.