Badal approves revised Toll Policy
Punjab Chief Minister Parkash Singh Badal on Wednesday approved the revised Toll policy aimed at the rationalization in the toll rates besides enhancing the user acceptability in the state.chandigarh Updated: May 29, 2013 16:24 IST
Punjab Chief Minister Parkash Singh Badal on Wednesday approved the revised Toll policy aimed at the rationalization in the toll rates besides enhancing the user acceptability in the state.
Disclosing this, a spokesperson of the Chief minister’s office said that Badal was presiding over the meeting of the Punjab Infrastructure Development Board (PIDB) at his residence last evening in the presence of the Deputy Chief Minister Sukahbir Singh Badal.
According to the Revised Toll Policy, minimum road toll charges would be reduced to Rs 15 which was Rs 31 earlier. Likewise, the toll rate for structures (Flyovers or RoBs) would be now linked with the cost of the structure instead of length, which would tremendously reduce the toll rates.
As of now, only 40% of the wholesale price index (WPI) would be taken into account while revising the toll rate after every year. This is apart from a fixed component of a 3% annual increase which was 10% in earlier policy. It was also approved that for the Daily Pass validity based on one calendar Day in the existing policy , 24 hour period from the issuance of the toll slip would be considered and for the frequent users 25% discount would be given instead of present discount of 20%.
The validity for the Monthly Pass would also be valid for 30 days from the date of issuance. It may be recalled that the Toll Policy of Punjab was notified in 2004-05, under which nine BOT (Built operate & Transfer) and two O&M (operation a& maintenance) road projects and one O&M high level bridge had been completed and made operational through PIDB.
The board has also approved various Roads, ROBs and High level bridges projects worth Rs 3448 crore that included eleven major road BOT projects of total 567Km length to be constructed at a cost of Rs 3200 crore.
Prominent amongst others who were present in the meeting included Local Government Minister Chunni Lal Bhagat, Tourism Minister Sarwan Singh Phillaur, Transport Minister Ajit Singh Kohar, Health and Family Welfare Minister Madan Mohan Mittal, Finance and Planning Minister Parminder Singh Dhindsa, Chief Secretary Rakesh Singh, Principal Secretary Tourism Geetika Kalha, Principal Secretary Local Government Jagpal Singh, Special Principal Secretary to the CM Gaggandip Singh Brar, Managing Director PIDB Anurag Aggarwal, Secretary PWD PS Aujla and Secretary Finance Jaspal Singh besides other senior officers of the state administration.
First Published: May 29, 2013 16:23 IST