India, Jan. 29 -- The Economic Survey 2025–26 on Thursday said India's public-private partnership (PPP) framework must shift from a transaction-centric approach to system-level market building, with a stronger emphasis on reducing structural uncertainty.
The pre-Budget document, tabled in Parliament, said this would require clearer sectoral pipelines with multi-year visibility, stronger alignment between national programmes and bankable project preparation, and disciplined closure of pre-construction risks by public authorities.
The Survey noted that PPP outcomes have been weakest in cases where land acquisition, statutory clearances, demand assessment and utility shifting issues remained unresolved, underscoring the need for better...