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TMI BlogFunds for Maintenance of National HighwaysX X X X Extracts X X X X X X X X Extracts X X X X ..... Funds for Maintenance of National Highways - News and Press Release Dated:- 24-11-2011 - News - Press Information Bureau Government of India Ministry of Road Transport Highways 24-November-2011 17:25 IST The non-plan allocations that are annually provided by the Ministry of Finance to the Ministry of Road Transport Highways for Maintenance Repair (M R) of National Highways (NHs) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are of the order of about 40% of the actual requirements as per the Ministry s stipulated norms based on the Report of the Committee on Norms for Maintenance of Roads in India, published in 2001. Accordingly, it has not been possible to allocate sufficient funds to the States under M R as per the norms of the Ministry. However, the M R of NHs are carried out annually as per availability of funds, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... extent of damages, inter-se priority, spill-over liabilities of works sanctioned during previous financial year, etc. to keep the NHs in traffic worthy conditions. Inadequate allocation of funds for M R of NHs has resulted into thin spreading of resources on large stretches of NHs. The year-wise details of estimated requirement of funds for M R of NHs and the actual allocation provided to this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ministry are as follows:- (Amount in Rs Crore) Year Estimated requirement of funds Allocation provided 2004-05 2,480.00 745.56 2005-06 2,480.00 868.10 2006-07 2,480.00 814.38 2007-08 2,280.00 1,001.68 2008-09 2,500.00 974.32 2009-10 2,500.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 1,059.10 2010-11 2,800.00 1,989.46 * 2011-12 2,800.00 1,027.25 * - Additional allocation of Rs. 1,000.10 crore was provided at R.E. stage during 2010-11. The Ministry has taken up the issue of enhancing the allocations of funds for M R of NHs from time to time with the Ministry of Finance. Ministry of Finance has agreed to provid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e additional allocation of Rs. 300 crore at RE stage of 2011-12. It has also taken a policy initiative to take up operation and maintenance of the developed stretches of NHs on Operate-Maintain-Transfer (OMT) basis through private sector participation, thereby leveraging the available resources. This information was given by the Minister of State for Road Transport Highways Shri Jit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in Prasada in a written reply in Rajya Sabha today. SK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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