Public Private Partnership for Redevelopment of Shivaji Garden, Nashik

The Public Private Partnerships (PPPs) have emerged as a very feasible, viable, and growing mode of creating infrastructure for our country. Though public sector will continue to play a dominant role in building of infrastructure, the PPPs have enabled us to channelize private sector investment in infrastructure. Keeping in mind that our country is still starved of adequate infrastructure required for high level development, the opportunities for the growth of joint venture between both the sectors are huge and desirable. A Public Private Partnership is a legally-binding contract between government and business for the provision of assets and the delivery of services that allocates responsibilities and business risks among the various partners. Nashik is regional centre of northern Maharashtra and very famous for its grapes growing. The city has become the centre of attraction because of its beautiful surroundings and cool, calm, pleasant climate. Nashik has a personality of its own due to its mythological, historical, social and cultural importance. Shivaji Garden which is located at the heart of the city and is oldest recreation centre for the public but now days the condition of the garden is very poor and it is not in use therefore it may plan to redevelopment of the Shivaji Garden under the PPP project