The state government of Kerala in India has given an in-principle approval to raise auto-rickshaw, bus and taxi fares due to an increase of INR 5 (US$0.10) per litre in diesel prices.
November 30, 2012
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The state government of Kerala in India has given an in-principle approval to raise auto-rickshaw, bus and taxi fares due to an increase of INR 5 (US$0.10) per litre in diesel prices.
Thiruvananthapuram, the capital city of Kerala (India) had been witnessing rapid urbanisation. The government of Kerala implemented the Thiruvananthapuram City Road Improvement Project (TRCIP) to widen the 42km of existing road network to cater for the needs of rapid urbanisation.
The government of Kerala started the initiative with the Enactment of Kerala Road Fund Act in 2001 and setting up of the Kerala Road Fund Board (KRFB) in 2004 to approve the Public Private Partnership arrangements and allocate
Authorities in India’s north-west state of Punjab have approved the upgrade of 11,000km of state link roads for approximately US$306.77 million (INR 17bn). This is in addition to the construction of 637km of roads for $57.81 million (INR 3.19bn) under the Pradhan Mantri Gram Sadak Yojana (PMGSY), which will see $138.65 million (INR 7.65bn) spent to complete 192 roads by December 2013. Approval was also given to repair and maintain other roads and State highways with $57.09 million (INR 3.15bn).
New loans will help pay for road building in India’s Kerala State. The World Bank is providing a package of loans worth US$216 million. This will be used to upgrade and widen 363km of roads in Kerala State. The work forms part of the Kerala State Transport Project (KSTP), specifically for the second phase of the State Highway corridor programme.
Road transport pressure groups in Switzerland have criticised the Government's draft report on NAF, a national-road and agglomeration fund. While they are in favour of the general idea of the fund and its purpose, they reject details, like the plan for raising the mineral oil tax by either CHF 0.12 (€0.10) or CHF 0.15. They pointed to their initiative for making all funds generated with the mineral oil tax available to transport projects. The groups say that parliament and the people should decide on NAF an
