Madhya Pradesh
Madhya Pradesh's New Intra-State Air Service
- 17 Jun 2024
- 2 min read
Why in News?
Recently, Madhya Pradesh Chief Minister launched intra-state air service named 'PM Shri Paryatan Vayu Seva' by flagging off the first flight under it from Bhopal to Jabalpur.
Key Points
- In Madhya Pradesh, the cities of Bhopal, Indore, Jabalpur, Gwalior, Ujjain, Rewa, Khajuraho, and Singrauli will soon be linked by air travel.
- As per officials, to enhance the air connectivity, a 50% discount on fares will be offered for a period of 30 days.
- Madhya Pradesh Tourism Board (MPTB) will manage the air service. The service is being operated through a Public Private Partnership (PPP) with M/s Jet Serv Aviation Private Limited (Flyola).
Public-Private Partnership (PPP) Model
- PPP is an arrangement between government and private sector for the provision of public assets and/or public services. Public-private partnerships allow large-scale government projects, such as roads, bridges, or hospitals, to be completed with private funding.
- In this type of partnership, investments are undertaken by the private sector entity, for a specified period of time.
- These partnerships work well when private sector technology and innovation combine with public sector incentives to complete work on time and within budget.
- As PPP involves full retention of responsibility by the government for providing the services, it doesn’t amount to privatization.
- There is a well defined allocation of risk between the private sector and the public entity.
- Private entity is chosen on the basis of open competitive bidding and receives performance linked payments.
- The PPP route can be an alternative in developing countries where governments face various constraints on borrowing money for important projects.
- It can also give required expertise in planning or executing large projects.
