Private Sector to Revolutionize India's Roads, Boosting Economy and Improving Lives
The article discusses the need for private sector involvement in road infrastructure due to limited government funding. It introduces Output and Performance Based Road Contracts (OPRC) as an innovative procurement method to optimize investments for safe and reliable road transport. The goal is to encourage private sector participation by offering higher responsibilities and returns. This approach aims to address the challenges of funding road projects efficiently to meet the growing needs of India's economy.