New panel to studyhighway financing plans

New panel to studyhighway financing plans

New Delhi: “The government has formed a committee to look at the long-term funancing needs of India’s highways authority," two officials at the authority said on condition of anonymity.

The committee is chaired by Planning Commission member B. K. Chaturvedi and has expenditure secretary Sushma Nath, road transport secretary Brahm Dutt, National Highway Authority of India chairman Brijeshwar Singh and Gajendra Haldea, advisor to Planning Commission, and Montek Singh Ahluwalia, deputy chairman of the plan panel, as members, among others.

One of the officials, however, said that there was no real reason for another committee to be formed because the cabinet committee on infrastructure had already asked the road transport ministry to look into the highway financing plans.

“The financing plan was to go to the empowered group of ministers," the official said., adding that the ministry of road transport and highways did not feel the need for the issue to be put through another committee.