(ImageA:Dhakal,2020)
Public Private Partnership
The
government's mission is to widen the breadth of caring for the population's
welfare in almost every aspect in the social environment of the twentieth and
twenty-first century (Yanpaisan et al.,2021, p.2).
The
government has expanded public spending to help the economy, which is lagging
(Yanpaisan et al.,2021, p.2). However, as the contemporary state expands its
responsibilities for providing public services, the government must share the
burden of developing infrastructure and offering public services (Yanpaisan et
al.,2021, p.2).
For this
the government will have to make a large financial commitment (Yanpaisan et
al.,2021).
If the
government wants to invest unilaterally, it will need to set aside a sizable
portion of its budget to invest in this kind of enterprise, which will increase
tax revenue or public debt obligations in order to fund the state budget
(Yanpaisan et al.,2021).
By
enhancing the private sector's involvement in government activities or through
collaboration in the form of public-private partnerships, these issues can be
resolved instead of by diversifying large-scale infrastructure projects and
offering public services to the public sector's vast majority (Yanpaisan et
al.,2021, p.2).
Public-private
partnerships (PPPs) are a type of cooperation between a public agency or the
government and a private enterprise. Private corporations offer to fund,
construct, or run a project for the government, such as (Transportation
networks, major infrastructure projects). Such cooperation will make such
massive projects feasible and offers numerous additional benefits, such as
completing the project more quickly and adding more value to it or accelerating
national development (Almasri et al. 2020).
Public Private
Partnership in transportation
For instance, India, a
developing nation, has PPP for city bus service, which enables the public
sector's planning and management of bus services to be combined with the
private sector's ability to acquire financing and introduce cost effectiveness
in bus maintenance and operations (News article 2022).
According to Chief Minister
Arvind Kejriwal, by 2025, 80% of the more than 10,000 buses in use in Delhi
will be electric, making it the metropolis in the country with the highest
percentage of e-buses (News article 2022).
This mega project in Delhi,
India involves public private partnership.
(Image B: Photo taken by
Prateek Kumar 2022)
Implementation of PPP
in rural areas
The metropolis, one of
India's smartest cities, is used as an example, although this concept can also
be used to rural places.
The first benefit is that
the government won't need to pay 100% of the cost because it will just invest
50% when working in conjunction with private enterprises to introduce electric
buses in rural areas.
Electric buses will be
introduced, providing low-income residents of rural areas with a source of
income. Additionally, they will link them up with the major cities where they
will find additional employment prospects. As a result, when people have more
money to spend, the government benefits directly or indirectly from this
increase in spending.
This will assist the
government in recouping its 50% business investment cost.
It is required to travel to a metro area
for many reasons, including employment factor, transportation is a major issue
for people living in rural locations with especially who have low earnings.
According to the earlier theory of
infrastructure development in rural areas, linking rural areas with large
cities will help reduce travel.
Additionally, it will lead to the creation
of jobs, and because of public and private relationship, it will be financially
advantageous for the government to offer the best services to the people.
Due to their environmental friendliness,
sustainability, and ability to aid in reducing carbon footprints, electric
buses are the primary emphasis of this article as a means of transportation.
Being a sustainable alternative, adopting
an electric bus will be a long-term investment that will generate revenue for
the government as well.
Future Prospects
1.Although it may take some
time, the government will eventually be able to generate income, because of
public private relationship and a use of electric buses , everything will work
out well for everyone.
2. With petrol prices on the
rise, pollution, and the issue of carbon footprints, the electric bus offers a
sustainable solution.
3. The government can
continue to manage the pricing for transportation costs, even in public-private
partnerships.
References
Yanpaisan, S.; and Chamruspanth, V. (2021) Public-Private Partnership in Vocational Education Administration of The Northeastern Region, Thailand. Review of International Geographical Education (RIGEO), 11(9), 2701-2710. Doi: 10.48047/rigeo.11.09.237 p.2
Aghyad Almasri; Mhd Anas Chamieh; Abdulrazak Alozi; Saleh Abu Dabous (2020) About us. Available at https://ieeexplore.ieee.org/document/9118222?arnumber=9118222 Accessed: November 2022
News Article (2022) About
us. Available at: https://auto.hindustantimes.com/auto/electric-vehicles/delhi-aims-80-of-dtc-fleet-to-be-electric-in-three-years-arvind-kejriwal-41661394539221.html
Accessed: November 2022
Image A:Vivek dhakal(2020) Public Private Partnership (PPP, 3P, or P3) is
a frequently pronounced term in the field of infrastructure development &
contract management. It is a widely adopted model mainly for public service
delivery. So, before diving into the concept of public private partnership, it
is good to know about public service delivery & the various options
available for it. Available at: https://www.dhakalvivek.com.np/2020/08/public-private-partnership-in-nepal.html Accessed:November 2022
Image B: Prateek Kumar, Mr., (2022) Electric buses parked at Rajghat Depot during flagging ceremony of 97 electric buses by Arvind Kejriwal, Chief Minister of Delhi, on Wednesday. Available at:https://auto.hindustantimes.com/auto/electric-vehicles/delhi-aims-80-of-dtc-fleet-to-be-electric-in-three-years-arvind-kejriwal-41661394539221.html Accessed: November 2022
Image C:Katie Terrell Hanna,
Miss.,(2022) No image name. Available at: https://www.techtarget.com/whatis/definition/Public-private-partnership-PPP
Accessed: November 2022
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