Participation of private companies in building up infrastructure is highly required.

Private companies bring in altogether a new angle in building up of infrastructure. They provide a better standard of living but at the same time they are concerned in making profit out of it. Should we allow the private companies to have a say in India’s infrastructure?

For

- A lot of cash is brought into frame by the private companies which provide the public sector companies with extensive financial and technical support.
- Building up infrastructure requires surplus amount of goods which is provided by the private companies.
- Betterment of standard of living of the people is guaranteed.
- As there will be a continuous cash flow by the private companies, the process of building up of infrastructure would be done without any hiccups.
- Public interests will be given a lot of preference and the risk factor will be taken care by the private companies.
- Inorder to take any new contracts they would need to exhibit a good performance in the projects on hand.
- We have seen the performance of government organizations in building up the infrastructure. The employees there are more interested in running a project forever as it can be a regular source of money for those corrupt people.

Against

- People’s interest will be jeopardized as private companies are more inclined on making profits.
- Capital or revenue subsidy might be provided by the government which puts them under a lot of pressure as there is lot of risk involved with it.
- Government has a very less say in the matters regarding the infrastructure of the building, making them inferior to the private companies.
- Private dealer acts as landlord of the infrastructure made by them.
- Private investors obtain a rate of return which is higher than that of the government which would put them under a lot of public debt.

A private company has its own benefits. They bring in new technologies into the picture but their work is not intended for the social welfare and are rather interested in making moolahs for themselves. Private companies are essential for a developing nation like India but we should focus more on public-private partnership that would help India develop by shifting its focus towards our goal achievement rather than profit achievement.