Indian Railways News => | Topic started by puneetmafia on Sep 06, 2013 - 07:56:24 AM |
Title - State dumps fuel cess as means to finance metroPosted by : puneetmafia on Sep 06, 2013 - 07:56:24 AM |
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PUNE: The state government will not impose cess on the sale of petrol and diesel in the city to raise funds for the Pune Metro project.Chief minister Prithviraj Chavan convened a meeting of the Pune Municipal Corporation (PMC) and the state urban development department officials on Tuesday. The project was discussed with the finance department on Wednesday. The project's proposal is likely to be tabled before the state cabinet next month.The project for Pune and Pimpri Chinchwad includes two routes with a total length of 31.5 km. The first route is between Vanaz and Ramwadi in Pune and the second route is between Pimpri Chinchwad and Swargate. As per the revised costs in 2013, the metro rail project will cost Rs 10,183 crore."The state government is discussing the financial model for the project. Earlier, the government was mulling a metro cess on the sale of petrol and diesel in the city. However, in the view of the public indignation against inflation and constant rise in fuel prices, the state has decided shelve this option," a senior state government official said.Tax on commercial vehicles entering Pune metropolitan area and levy of additional charges on new registration of vehicles is being considered. "There are suggestions of a green cess on existing vehicles. But these options to raise funds may also run into opposition. The state and the PMC have to look for options that will go down well with citizens," he added. |