Faculty at School of Management and Entrepreneurship

Kumar V Pratap

Kumar V Pratap

Professor of Practice

School of Management and Entrepreneurship


Contact Information

Infrastructure, Public-Private Partnerships, Infrastructure Finance and Infrastructure Regulation

PhD (2011) from University of Maryland, College Park, USA (Topic of dissertation – Sustaining Privatization of Infrastructure); MBA (1987) in Finance from IIM, Lucknow

35 years of experience with World Bank (Washington DC), Indian Prime Minister’s Office (Deputy Secretary), Ministry of Finance [Joint Secretary (Infrastructure Policy & Finance)], Ministry of Commerce & Industry (Principal Economic Adviser), and Visiting Professor [Indian School of Business (Hyderabad and Mohali), IIM Shillong, Management Development Institute (Gurgaon).

S. No. Name of the Award / Year Awarded by
1. Sustainable Infrastructure Fellowship / 2022 Schulich School of Business (York University, Canada) and Investor Leadership Network (ILN)
2. Emerging Leaders Fellowship / 2013 Melbourne University, Australia
3. PhD Fellowship / 2006 University of Maryland, College Park, USA
4. John J. Sexton Fellow / 1999 University of Maryland, College Park, USA
5. National Talent Search Examination (NTSE) Scholarship / 1982 NCERT

  • Panelist to decide on the Blackrock Applied Research Awards in Finance and Economics. Event held on 23 October 2024 (for the first time in India). Applicants for the awards were PhD candidates worldwide and had to showcase their dissertations in finance and economics.
  • Regular speaker at the IMF (South Asia Regional Training and Technical Assistance Center), New Delhi at capacity building programs for Government officers of India, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka. I spoke there last on 16 October 2025 for capacity building of Indian Government officers.
  • Regular speaker at the Economic Times Infrastructure conferences, the most recent being the Economic Times Infra Leadership Summit held on 27 November 2025 at New Delhi.
  • Led the Indian delegation to G20 Infrastructure Working Group meetings (2017-20) held in Argentina, Australia, Japan, Saudi Arabia, Singapore, and UK. Contributed extensively to the G20 Principles for Quality Infrastructure Investment, that were adopted by the G20 leaders in 2019 (under Japanese G20 Presidency).
  • Letter of Appreciation from the Prime Minister of India in 2004

  • Member, Board of Advisors, Center for Public Policy, Indian Institute of Management, Lucknow
    (August 2023 – Present)
  • Member, Academic Council, Gati Shakti Viswavidyalaya (Ministry of Railways, GoI), Vadodra, Gujarat
    (July 2024 – Present)
  • Member Secretary of the Task Force that prepared India’s first National Infrastructure Pipeline (NIP), which was released by the Indian Finance Minister on 31 Dec 2019. The NIP aims to rollout infrastructure projects valued at about $1.5 trillion in the six-year period up to Financial Year 2024-25.

  • Member of the Board of Directors of North Eastern Development Finance Corporation Ltd (NEDFi) (2021-23)
  • Member of the Board of Directors of ONGC Videsh Limited (2018-20)
  • Member of the Board of Directors of Indian Railway Finance Corporation (IRFC) (2018-20)
  • Member of the Board of Directors of India Infrastructure Finance Company Limited (IIFCL) (2018-20)|
  • Member of the Board of Directors of Indian Railway Station Development Corporation (IRSDC) (2018-20)
  • Alternate Director at Asian Infrastructure Investment Bank (AIIB, Beijing) (2018-20)
  • Member of the Board of Directors of Indore Smart City (2015-17)

S.No. Title Name of Co-author(s) Journal Name & Publisher Volume & Issue Year Category
(FT50 / ABDC)
1. Implications of the RBI proposed Project Finance provisioning norms NA Economic and Political Weekly 59(29) 2024 ABDC - B
2. Infrastructure Investments NA Economic and Political Weekly 59(19) 2024 ABDC - B
3. Autonomous Regulation and Regulatory Risk – Why Railways and Coal Should Not Have Independent Sectoral Regulators NA Economic and Political Weekly 58(28) 2023 ABDC - B
4. The increasing incidence of PPP project cancellations in India NA Economic and Political Weekly 51(39) 2016 ABDC - B
5. User Fees and Political and Regulatory Risks in Indian Public-Private Partnerships NA Economic and Political Weekly 50(36) 2015 ABDC - B
6. Floundering PPPs in India – Some suggestions for saving the regime NA Economic and Political Weekly 49(15) 2014 ABDC - B
7. Delhi Airport Metro Fiasco – What can be done to Redeem the Project? NA Economic and Political Weekly 48(49) 2013 ABDC - B
8. Renegotiations in Long-term Infrastructure Contracts NA Economic and Political Weekly 48(17) 2013 ABDC - B

Books

S.No. Title Name of Co-author(s) Publisher Name with Country & ISBN Year of Publication
1. Infrastructure Financing in India – Trends, Challenges and Way Forward Manshi Gupta Oxford University Press, USA
ISBN 978-0-19-888493-4		 2024
2. Public Private Partnerships in Infrastructure: Managing the Challenges Rajesh Chakrabarti Springer Science and Business Media, Singapore
ISBN 978-981-10-3355-1		 2017
3. Impact of the Global Financial Crisis on Investments in South Asia’s Electric Power Infrastructure Mohua Mukherjee (Co-editor) World Bank, Washington DC
Report No. 10986/2919		 2010

Book Chapters

S.No. Title of the Chapter Name of Co-author(s) Title of the Book Name of Editor(s) Publisher Name with Country & ISBN Year of Publication
1. PPP Procurement and Governance in India: Lessons from COVID-19 and Way Forward NA Revisiting Public-Private Partnerships – Lessons from COVID-19 Tharun Dolla, Boeing Laishram, Ganesh Devkar Springer
ISBN 978-3-031-37014-4		 2023
2. Infrastructure Financing in India—Trends, Challenges and Way Forward Mira Sethi 20 Years of G20 – From Global Cooperation to Building Consensus Rajat Kathuria, Prateek Kukreja Springer Nature Singapore Pte Ltd
ISBN 978-981-13-8105-8		 2019
3. Does Privatization Lead to Benign Outcomes? The Indian Experience and Policy Lessons NA Policies for India’s Development Rajeev Malhotra Oxford University Press, India
ISBN 0-19-808013-1		 2012

S. No. Name of the Programme From To Title / Content of Session
1. Mid-career Training Program for IAS officers at LBSNAA, Mussoorie 20 May 2025 20 May 2025 Public-Private Partnerships (PPPs) in Infrastructure – Opportunities and Challenges
2. Training Program for Doctors at IIM Ahmedabad 18 February 2025 18 February 2025 PPPs in Health Infrastructure
3–9 Training Program for Government officers from India, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka at IMF (South Asia Regional Training and Technical Assistance Center), New Delhi 16 Oct 2025
11 Oct 2024
23 Sept 2024
6 July 2023
17 Feb 2023
09 Dec 2022
14 Oct 2022		 16 Oct 2025
11 Oct 2024
23 Sept 2024
6 July 2023
17 Feb 2023
09 Dec 2022
14 Oct 2022		 Public-Private Partnerships in Infrastructure: Opportunities and Challenges
10–13 Mid-career Training Program for Government officers on “Capacity Building for PPP and Project Finance” at IIM Ahmedabad, IIM Kozhikode, IIM Shillong and IIM Lucknow 19 Sept 2023
7 July 2023
16 June 2023
22 May 2023		 19 Sept 2023
7 July 2023
16 June 2023
22 May 2023		 Risk Analysis in Infrastructure Projects
Private Participation in Infrastructure
14. Phase III mid-career training of IAS officers (10–15 years seniority) at LBSNAA, Mussoorie 5 January 2023 5 January 2023 Asset Monetization and Revenue Generation
15. MDP for Government Officers at IIM Ahmedabad 02 September 2019 02 September 2019 Infrastructure and PPPs – Opportunities and Challenges
16. India Trek 2017 Lecture Series; Organizing Institution – Harvard University 15 December 2017 15 December 2017 Private Participation in Infrastructure
17. Capacity building program for 2015 batch IAS officers 4 August 2017 4 August 2017 Private Participation in Infrastructure
18. Advanced Management Program in Public Policy; Indian School of Business, Mohali 15 July 2017 15 July 2017 Infrastructure Regulation
19. MDP for officers from Ministry of Railways; Indian School of Business, Hyderabad 25 September 2014 25 September 2014 Public Private Partnership in Railways
20. Mid-Career training of IAS officers; National Academy of Audit and Accounts, Shimla 8 October 2013 8 October 2013 Governance issues in Public-Private Partnerships

  • Advisor on Asset Monetization and PPPs, Government of Karnataka. Government of Karnataka constituted the Resource Mobilization Committee (RMC) in 2024 to provide recommendations for enhancing the State's non-tax revenues, ensuring efficient management of Government assets, and promoting infrastructure development by attracting private investment. I was Advisor to RMC on Asset Monetization and Public-Private Partnerships. The RMC report was presented to CM, Karnataka in November 2025.

S. No. From To Organization / Funding Agency Topic Role Status
1. July 2024 December 2024 AJ National Institute of Financial Management, New Delhi Funding Infrastructure Development: A Review of Modern Ways of Financing Projects Lead Completed
2. August 2011 November 2011 World Bank, Washington DC Public-Private Partnerships in East Asia Lead Completed
3. March 2011 June 2011 World Bank, Washington DC Assessing private participation in the Indian power transmission and distribution sectors Lead Completed
4. January 2010 December 2010 World Bank, Washington DC Nigeria Electricity and Gas Improvement Project Lead Completed
5. July 2009 October 2009 World Bank, Washington DC Regulation of Renewable Energy in India – Lessons from International Experience Lead Completed
6. July 2008 April 2009 World Bank, Washington DC Impact of the Global Financial Crisis on Investments in South Asia’s Electric Power Infrastructure Project Member Completed
7. September 2007 December 2007 University of Maryland, College Park, USA Religious Service Attendance and Civic Engagement among Youth Project Member Completed
8. January 2007 April 2007 World Bank, Washington DC Public-Private Partnerships in Kenya Lead Completed

  • Elsevier and Economic & Political Weekly (EPW) peer reviewer