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Simplification of Procedure in order to make the Award Process of Road Projects faster

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..... Simplification of Procedure in order to make the Award Process of Road Projects faster - News and Press Release Dated:- 14-12-2012 - News - Press Information Bureau Government of India Cabinet Committee on Infrastructure 13-December-2012 20:48 IST The Cabinet Committee on Infrastructure today approved the following proposal: (i) Ceiling of 4,000 km of four laning in NHDP Phase- .....

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..... IV be enhanced to 8000 km, to be undertaken on Build Operate Transfer BOT (Toll) mode only, based on the traffic justification as per IRC code and guidelines. (ii) Projects with traffic between 5000 Passenger Car Units (PCUs) and 10000 PCUs that are not viable to be developed on BOT (Toll) mode could be developed directly on EPC mode. In the current year 2012-13, the Ministry of Road Transport a .....

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..... nd Highways proposes to take up 4000 km on EPC basis. This will expedite the award of projects which shall result in improvement of infrastructure in the country. Users of national highways from all over the country will be benefited in a big way due to infrastructure development by way of improvement of national highways. It will also increase the employment potential to the local labourers f .....

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..... or project activities. Background: (i) The Cabinet, in its meeting held in July 2008 approved the proposal for up gradation of 5,000 kms under NHDP Phase IV-A. The Empowered Group of Ministers (EGoM) constituted to finalize the financing plan for the entire NHDP while deliberating on the note for the up-gradation/ strengthening of the project under NHDP Phase IV, in the fourth meeting of EGo .....

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..... M held on 17lh March, 2010 decided that out of total 20,000 kms under NHDP Phase-IV, keeping in view of traffic justification, about 2,000 kms may be undertaken as four-lane stretches. (ii) For a unified NHDP Phase - IV, for a length of 20,000 kms, subsuming within it the 5000 kms already approved under NHDP Phase IV-A was approved by the CCI in February, 2012 with direction that additional 2, .....

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..... 000 Kms may be undertaken as four-laned stretches, in addition to that already approved by EGoM keeping in view of traffic justification. *** SH/SKS - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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