Public-Private Partnership for Inclusive and Sustainable Development : PPP-##-12-2011-102
Government of Maharashtra, Thane
State : Maharashtra
Category : Public Private Partnership
The limited financial resources of Urban Local Bodies (ULBs) were not adequate to meet the growing demand for the services and infrastructure. The external resources like institutional finance was not enough to mitigate this gap and assistance from the central/state were limited as well. This created a huge gap between the demand and supply, which needed to be minimized by adopting innovative approach with efficient urban management. The strength of private partners in the field of manpower, machinery and finance was needed to be harnessed in the development of the better quality of the public amenities and infrastructure within the city. Therefore, the main goal of the project was to use this vital tool of PPP into growing an inclusive and sustainable city for the people of Thane.