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TMI BlogAllowing ECB for Capital Expenditure on the Maintenance and Operations of Toll Systems for Roads and HighwaysX X X X Extracts X X X X X X X X Extracts X X X X ..... Allowing ECB for Capital Expenditure on the Maintenance and Operations of Toll Systems for Roads and Highways - News and Press Release Dated:- 18-4-2012 - News - Press Information Bureau Gover ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nment of India Ministry of Finance 18-April-2012 17:45 IST Development of physical infrastructure especially Roads and Highways needs to be expedited. Towards this purpose, there is a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... need to augment avenues for financing of such projects. In order to provide a fillip to this sector as well as to further encourage public private partnerships in Road construction projects, Unio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Finance Minister, Shri Pranab Mukherjee in his Budget Speech 2012-13 had announced allowing ECBs for capital expenditure on the maintenance and operations of toll systems in the Roads and Highways s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ector provided these are a part of the original project. This policy decision will provide an additional source of low cost capital and encourage greater investments in Road construction projects. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RBI is expected to issue relevant circular/notification giving effect to the aforesaid Budget announcement within 7 days. **** SS/SL - News - Press release - PIB Tax Management India - t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axmanagementindia - 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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