SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES VOL. 13 NO. 1 PAPER 6
DOI: 10.5958/2321-2012.2017.00006.9
ASSESSING PPPs IN INDIAN PORTS : THE BOUNDARY CONDITIONS
 
Tulsi Jayakumar*
*    Professor of Economics, SP Jain Institute of Management and Research, Mumbai
 
The purpose of this paper was to examine the boundary conditions, for the operation of Public Private Partnerships (PPPs), in India’s Port Sector. Trade in this sector, accounted for about 43 per cent of India’s Gross Domestic Product (GDP) in 2015-16. India’s economic transformation increasingly depends on trade and the availability of ports and associated trade-related infrastructure would act as critical constraints on such trade-led growth. Given the fiscal constraints, PPPs have emerged, as the preferred model, for the development of such port infrastructure. The approach followed was to compare major and non-major Indian ports, with an international benchmark port, the Port of Rotterdam, to understand the existence of such boundary conditions, i.e. the minimum conditions required at the boundary of a domain, which can encourage entry of the private sector through PPPs.
 
KEYWORDS: Boundary Conditions, International Benchmarks, Major Indian Ports, Non-major Ports, Port Infrastructure, Public Private Partnerships JEL CLASSIFICATIONS: F18, F19 FULL TEXT