New Delhi: Prime Minister Manmohan Singh has formed a committee to resolve issues raised by the road transport ministry after reviewing on Saturday the ministry’s ambitious plan of developing 35,000km of national highways in the next five years.
Road map: Planning Commission member B.K. Chaturvedi will head the panel aimed at puttting road projects on the fast track. Rajkumar / Mint
The committee will be headed by Planning Commission member B.K. Chaturvedi and have finance secretary Ashok Chawla and road transport and highways secretary Brahm Dutt as members. It will report to Singh in two weeks, the highways ministry said in a statement on Sunday.
The committee will consider measures to hasten award of projects, financing road projects as well as restructuring of highway projects based on traffic requirements. The committee will also look at ways to make the projects attractive for banks and private investors and resolve some concerns raised by developers, including the conditions under which a contract is terminated.
It will also suggest fast-track mechanisms to resolve inter-ministerial issues and monitor progress regularly for mid-course corrections.