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Government’s Policy

The Government of Maharashtra has finalised its policy and procedures for taking up the road projects through private sector participation. The salient features are as follows:
  • A Cabinet Sub-Committee is formed to take fast decisions related with infrastructure projects.

  • Powers of approving privatisation projects costing upto Rs.25 Crores are delegated to the P.W. Department. For projects costing more than Rs.25 Crores, approval from the Cabinet Sub Committee is taken.

  • The Bombay Motor Vehicles Tax Act (Sec.20) is amended to make it possible for the Entrepreneur to collect toll.

  • The Government has finalised its Toll Policy. The toll rates for different category of vehicles have been fixed for a block of 3 years with the increase of 6% per annum to be effected after every 3 years.

  • Separate Toll structures for projects costing upto 20 crores and for projects costing from 20-75 crores have been finalised. For projects costing more than 75 crores toll rates are fixed for individual projects.

  • Concession’s for frequent users are given as follws:

    1. a) 10% for users who purchases booklet of 50 coupons in advance.
      b) 20% for users who purchases booklet of 100 coupons in advance.

    2. Return pass 1.5 times of toll rate.

    3. Daily pass 2.5 times of toll rate.

    4. Monthly pass 50 times of toll rate.
       

  • Following types of Vehicles are exempted from payment of toll.

Scooter, motor cycle, 3 wheeler Auto and tractors, VVIP Vehicles, Vehicles in which MLA’S and MP’S are travelling, Government Vehicles (State and Central), Police Vehicles, Vehicles of Post and Telegraphs Department, Ambulances, Hearses, Firefighting Vehicles.

  •  A standard bidding document is prepared (‘P’ form) for the works to be taken under private sector participation where-in suitable provisions to cover risk beyond the control of Entrepreneur have been incorporated.

  • To expedite the decision, for projects to be taken through privatisation a separate cell has been created in the P.W. Department at Government level.

The Government has also decided to provide viability gap funding to the proposal under Public Private Participation. The Works costing Rs.864 Crores with viability gap funding of Rs.351 Crores have recently been approved under this scheme.

 

 

Content Source: www.ibef.org

 
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