Question : SPECIAL INCENTIVES FOR PRIVATE SECTOR



(a) whether the Government have announced special incentives for private sector desiring to invest in National Highways Network;

(b) if so, the details thereof;

(c) whether any of the private company has shown interest for investments in National Highways; and

(d) if so, the details thereof?

Answer given by the minister

MINISTER OF STATE FOR ROAD TRANSPORT & HIGHWAYS(INDEPENDENT CHARGE)MAJOR GENERAL (RETD.) B.C. KHANDURI, AVSM

(a) Yes, Sir.

(b) To encourage private sector participation in the road sector, Government has extended various incentives in the form of tax concessions, duty free import of specified equipments, capital grant, permitting Foreign Direct Investment and external commercial borrowings.

(c) & (d) Yes, Sir. 20 road projects under the Build, Operate and Transfer (BOT) scheme involving an investment of about Rs. 1020 crore are in various stages of implementation.