Sunday , 22 October 2017

Centre to provide Rs 1,000Cr to develop bus terminals

The Union Road Transport ministry is expected to offer viability gap funding to the tune of Rs 1,000Cr to state governments to create top-notch bus terminals in 2,000 cities and towns.

The ministry has plans to fund Rs 1,000Cr to support states in setting up of bus-ports or large bus terminals. The plan is to have around 2,000 such terminals over the next few years in the B-O-T model or give in private-public partnerships where there will more need for viability gap funding.  The ministry is also ready to provide funds for consultancy study.

The first bus-ports has already come up in cities like Nagpur and Vadodara. Support is also extended for green transport solutions.