Public-Private Partnerships in Expanding Water Treatment Infrastructure
According to market research data, close to 3.5 billion people around the world lack proper water for sanitation and more than 2.3 billion do not have safe drinking water. This is the reason why it has become extremely important for governments across the world to take the necessary steps to achieve sustainable development. When it comes to a developing country like India, rapid urbanisation and industrialisation, followed by increased climate stress has necessitated the construction of advanced systems for water treatment. Over the past few years, we have witnessed partnerships being struck between many reputed waste water treatment companies in India and the government authorities. These partnerships ensure the flow of capital in the right manner that would have been problematic if handled only by the government departments. Through this blog, we will try to explore how public-private partnerships are helping build an advanced water treatment infrastructure in India. ...