The Union Ministry of Urban Development has sanctioned another 685 buses for states and union territories (UTs) under JNNURM. The approval was given at a meeting of the Central Sanctioning and Monitoring Committee on bus funding and ancillary infrastructure projects under JNNURM in New Delhi recently. A total of 400 buses have been approved for the Union Territory of Chandigarh for the tri-city Chandigarh, Mohali and Panchkula.
Approval was also given for installation of Intelligent Transport System (ITS) and a depot. The in-principle approval has been given subject to fulfilling of certain conditions like formation of a special purpose vehicle (SPV) as insisted upon in case of all other similar approvals, a written undertaking by the UT administration that it will bear the operational losses if any and revision of fares which was last carried out in 2010.
States to get 685 more JNNURM buses
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