What is the full form of PPP ?

Ppp Description:
PPP is a very famous acronym whose many full forms are very famous, some of which are as follows.
Public-Private Partnership, PowerPoint Presentation, Purchasing Power Parity

We will discuss all these one by one in detail here.
As the name itself suggests, this refers to the partnership between a government company (Public sector company) and a private company.
When a government feels the need for a project that is necessary for the country, and it does not have the necessary money, the efficiency of the work and the skilled manpower for that work, it partners with a private firm, which is an expert in doing that work.


you can understand this in the simple words that this a partnership between a public sector and private sector in financing, designing and developing infrastructure facilities.
It is a time-bound partnership, in which a private company interferes with the work of the public sector, the purpose of this partnership is to benefit people quickly.
This type of partnership usually happens when the government has to build a road, bridge, college, airport, power plant etc.
Public-private partnership is very good for both the government and its people, plus it is also good for the company that joins this partnership.
This partnership guarantees the government that any project will be completed well, and the government can focus its attention on other important issues.
There are times when the government realizes that it is not able to do any work with efficiency, and it is suffering in that work.
So he looks for some private company, which is doing the same work properly and beneficially.
As an example, we assume that the government needs to build a bridge over a river, but it does not have the necessary infrastructure, manpower and money. Now if the government itself arranges for infrastructure, manpower and money, then it may take a lot of time, and people may have to cross that river without a bridge for a long time, Due to which the development of that entire area will get a negative impact.