Impact of Public-Private Partnerships (PPPS) on bilateral skill development initiatives in India: an empirical study

Abstract

Public-private partnerships (PPPs) have become a crucial method for promoting skill development initiatives worldwide, particularly in developing countries like India. This empirical study aims to investigate the effectiveness of PPPs on bilateral skill development initiatives in India. The focus is on the outcomes and effectiveness of such collaborations. Skill development has become increasingly important for the economic and social growth of India. To address the skill gap, both the public and private sectors have started implementing collaborative models such as PPPs. This research paper aims to compare the effectiveness of these PPPs in developing skills in India with solely public or private initiatives. The study will analyze various models of collaboration between the public and private sectors, assess their effectiveness, address challenges, and identify opportunities for bilateral partnerships. By comparing different case studies and initiatives, the research aims to provide insights into successful skill development outcomes and areas for improvement in the existing frameworks. The findings will help policymakers, practitioners, and stakeholders involved in shaping future collaborations to enhance the nation's workforce capabilities.