Centre to build Ring Road, Bypass projects only with states' share of fund
The Centre will fund urban decongestion projects on national highways only if states contribute financially, as per the new Urban Congestion Policy. Projects will be fully access-controlled, 4-lane corridors with closed tolling. States can contribute through land acquisition cost sharing, GST reimbursement, land pooling, or value capture mechanisms.
The Centre will fund urban decongestion projects on national highways only if states contribute financially, as per the new Urban Congestion Policy. Projects will be fully access-controlled, 4-lane corridors with closed tolling. States can contribute through land acquisition cost sharing, GST reimbursement, land pooling, or value capture mechanisms.
