Funds for Maintenance & Repair of National Highways - Indian Military Veterans

ARMED FORCES VETERANS LATEST NEWS BY 

INDIAN MILITARY VETERANS



SPARSH RELATED NEWS

Capt KS Ramaswamy
Editor





Jan 20, 2012

Funds for Maintenance & Repair of National Highways


 The Maintenance & Repair (M&R) of National Highways (NHs) are carried out annually as per availability of funds, 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. Accordingly, it has not been possible to allocate sufficient funds to the States under M&R as per the norms of the Ministry.

The Ministry of Road Transport & Highways 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.

 The non-plan allocations that are annually provided by the Ministry of Finance to this Ministry for M&R of National Highways 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. 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 provide additional allocation of  Rs. 300 crore at RE stage of 2011-12.

The year-wise details of estimated requirement of funds for M&R of NHs and the actual allocation provided to this 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
2,500.00
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.


*****


Sanjay Kumar/kd/RT&H/19.01.12

(Release ID :79734)

No comments:

Post a Comment

Indian Military Veterans Viewers, ..

Each of you is part of the Indian Military Veterans message.
We kindly request you to make healthy use of this section which welcomes the freedom of expression of the readers.

Note:

1. The comments posted here are the readers' own comments. Veterans news is not responsible for this in any way.
2. The Academic Committee has the full right to reject, reduce or censor opinion.
3. Personal attacks, rude words, comments that are not relevant to the work will be removed
4. We kindly ask you to post a comment using their name and the correct email address.

- INDIAN MILITARY VETERANS- ADMIN

LATEST NEWS

Post Top Ad