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Unit 8: Social Cost Benefit Analysis




             revolutionary change, as the experts called it, came about when the T3 was inaugurated on  Notes
             July 3, 2010. At the inauguration of T3, Manmohan Singh (Singh), Prime Minister of India,
             said, “The Delhi airport has improved its rank sharply in terms of Air Service Quality
             (ASQ) performance, from 101 in 2007 to 21 in 2010. After the opening of this new terminal
             we are hopeful that the airport will shortly rank within the first 10 airports of the world.”
             About GMR Group
             GMR Group (GMR), a Bengaluru, India-based leading Infrastructure group, had a stake in
             almost all types of infrastructure development activities including power, road, airport,
             and Urban Infrastructure. GMR was one of the first companies in India to take the initiative
             in infrastructure projects when they were thrown open to the private sector in the 1990.
             PPPS in India’s Infrastructure Development
             Public Private Partnership  (PPP) was a positive and sustainable  solution to  overcome
             infrastructure deficit, analysts said. The PPP model aimed at shifting the responsibility for
             financing, development.
             GMR’s T3 & Dial

             Analysts cited GMR’s T3 terminal as one of the successful PPP initiatives which had been
             completed significantly before the scheduled time. On the occasion of its grand opening.
             The Limiting Factors

             Experts stated that T3 would serve as an example for upcoming infrastructure projects.
             However, a few critics stated that the PPP model only  provided profits to the private
             players through deals.
             Question:
             1.  Analyse the case and discuss the case facts.

          Source:  http://www.icmrindia.org





































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