*Professor, Andhra Loyola Institute of Engineering and Technology, Andhra Pradesh, India, vraopodile@gmail.com
**Assistant Professor and Head of the Department, Andhra Loyola Institute of Engineering and Technology, Andhra Pradesh, India, jannyaurora@gmail.com
Online published on 17 July, 2017.
Infrastructural and social development projects were identified as critical inputs for continuing growth of the Indian economy. These projects are highly capital intensive. India is facing a very high deficit in implementing these projects. Public Private Partnership is being seen as an alternative to meet this deficit in India. Governments in India had implemented various projects under different Public Private Partnership (PPP) models. However, the projects under PPP models are conceived by the Governments. Governments may not conceive many innovative projects because of different reasons. For such innovative projects, the governments intend to provide an opportunity to the private sector to conceive an innovative project and submit the project report for consideration. These innovative projects could be done under Swiss Challenge Method (SCM). In this paper, the main idea and detail process of SCM Method are explained. An attempt was also made to identify aims, strengths and weaknesses of SCM.
Public Private Partnership, innovative Projects, Swiss Challenge, original project proponent, Private Player
