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Home > Forum > Delhi > Real estate News > Road regulator to be set before budget

Road regulator to be set before budget

Q: Hi, t read the news and was bit confused with the facts ! Kindly help me to know what is the status of the road regulator , when will it come !

real estate news
delhi
road regulator
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Replies (4)
1
Guys what the is the ministry telling now?will it approve or sanction it so quickly or there are chances for more changes?
Jewel


See as per the news,Finance Minister P. Chidambaram had announced setting up of a regulator in the road sector and looking at a proposal to permit highway project developers e Prime Minister’s Economic Advisory Council Chairman asked to postpone their premium payments!!!
Sarith,  Noida
12th November 2013


2
Hmmm to join and share some information, on the same topic i would like to add that the regulator will also look at the tariff policy, which is basically the level of tolls being charged to users.
Giri


3
Hey Boddy, i get that, but i heard that there were some disputes in the regulator bill? What was the issues and is it solved now?
Daniel


Hmm Daniel there were no issues as such yes there were few meetings include issues such as dispute resolution policy, premium rescheduling, exit options and default in spending money on operations and maintenance of highways that have already been awarded to developers. The problems were what to put in the the road regulator and what not to put in the road regulator.
Bobby,  Noida
12th November 2013


4
Hey Baldeep, yes the news just came in, that Minister of Road Transport and Highways decided to place the road regulator before the next Budget session. According to the reports, if we calculate the maximum number of infrastructural development in the country that takes place, the road sector has topped the list.
Bobby


5

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