Centre To Share Cost Of Ring Road Project

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(Tribune)

The Central Government has agreed to bear 50 per cent cost of the  state government’s ring road project proposed for Dehradun, Haridwar, Haldwani, Kashipur, Rudrapur and Udham Singh Nagar. At a meeting with the Union Minister of Surface Transport Nitin Gadkari in Delhi, it was agreed that the Centre and the state would provide funds in equal ratio for the project, said Urban Development Minister Madan Kaushik.Further, the state will bear the cost of land acquisition for the project. In addition, the Centre has also agreed to help the state in covering the costs of preparating DPRs for the project. The Centre has also approved Rs 1,300 crore World Bank-funded horticulture project and village-based small-scale industries.

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