Study on Slum Redevelopment and It’s Delay Factors in PPP Model: State of Art Review

Abstract

Slum redevelopment is a difficult and complex process that needs a multidisciplinary approach involving government organizations, non-governmental organizations, the corporate sector, and the community. Governments have increasingly invited private financiers and investors to take care of public provisions, making public-private partnerships (PPPs) the new perspective for the development of the public sector. Slum reconstruction efforts are being carried out successfully and effectively through the Rajiv Awas Yojana (RAY), Slum Networking Programme (SNP), and Slum Improvement Programme (SIP). There are numerous PPP types and delivery models, but unclear policies and regulations, a lack of funding, the complexity of the project structure, problems with resettlement and relocation, difficulties with land acquisition, problems with technical and design aspects, and corruption all cause delays in the implementation of PPP models for slum redevelopment. For slum redevelopment efforts to succeed, overcoming these delay reasons is imperative. Keywords: PPP (Public Private Partnership), Public Housing, Slum, Redevelopment.