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Arun Lakhanis View On Sustainability And CSR .pdf


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Arun Lakhanis View On Sustainability And
CSR

Vishvaraj Infrastructure Ltd. (VIL) specializes in three
Infrastructure sectors – Water, Waste Water and Transportation.
VIL has been ground-breaking innovative PPP models in water
infrastructure sector. VIL philosophy of creating value by
removal of inefficiencies and ensuring win-win for all the
stakeholders is in tune with the social nature of water projects.
Understanding and focus on implementation details and

awareness of last mile problems and their mitigation is strength
of VIL to create value by removing inefficiencies from the
system.

Arun Lakhani says it’s ‘People’- the fourth P that makes the
critical difference to PPP (Public –Private Partnership).It’s the
4th P that powers PPP – PPP to 4P Model. Ever since the
Indian economy was opened and the process of liberalization
was set in, various private players added their might partnering
with public enterprises in various sectors. PPP as a concept on
paper brings in very good synergy of Private enterprise
efficiency with Public ownership of assets. But in reality we see
a trust deficit between the ultimate stakeholders, People on
one hand and Government & Private 30 years can be a risk
unless people are on boarded. Our answer to this situation is
Involve / Integrate the Fourth P – People – citizens in the PPP
Model enhancing its credibility. PPP can be very successful if
the fourth P- People are integrated in the structure with
openness and responsibility of communicating with larger
masses. People as largest stakeholders in any PPP must
participate to monitor the contracts done between the two Ps.

With the fourth P of People, PPP is enriched with a completely
new dimension of a more humane face & greater sensitivity
towards its largest stakeholder- the people. Every PPP project

is conceived to benefit the People, but often in the dry domain
of numbers this fact is lost sight of. The factoring in of this
fourth P as a central focus has a completely transformative
impact on the long-term success of the project.

An analysis of failed PPP projects will bear out that the major
cause of failure was the ‘People’ dimension being ignored.
Without the active involvement of ‘People’ from
conceptualization to the final execution no PPP project can
hope for long-term success. In the current context taking
‘People’ on-board with open communication & transparency is
a business imperative for the Private Partner rather than a CSR
initiative. Water PPPs are Social Projects and for them to
succeed, the roles of the stakeholders with People as integral
part of the project shall be: P – Public – Policy Maker, P –
Private – Efficiency improvement with investment, P – People –
Communication & Monitoring. Communication, Transparency
and On-boarding of the largest stakeholders “People” are more
of a business need and mitigates many risks. Arun Lakhani
goes on to say that in any project people’s voices matter and
that’s a major reason as to why we need to filter in their take
on any projects. We understand the problem through first hand
source its better and gives authentic insight.

Arun Lakhani Blogs @
https://arunlakhaniblog.wordpress.com
http://www.lakhaniarun.org
http://lakhaniarun.net
http://lakhaniarun.in
http://lakhaniarun.info
http://arunlakhani.me
http://arunlakhani.org
http://arunlakhani.net

Follow Us On Facebook
https://www.facebook.com/Arun-Lakhani-960095104104534

Follow Us On Twitter
https://twitter.com/arunlakhani48

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https://plus.google.com/108178348634408623765


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