The approval was given at a meeting of the Central Sanctioning and Monitoring Committee (CSMC) on functioning of buses and ancillary infrastructure projects under JnNURM held in New Delhi recently.
Out of 851, 400 buses have been sanctioned for the city of Guwahati at a total estimated cost of Rs. 191 crores with a 90% Govt. of India share of Rs. 171.90 crores.
The meeting also approved ancillary infrastructure including upgradation of existing terminals, development of new depots and ITS infrastructure for Guwahati at an estimated cost of Rs. 22.31 crore with Govt. of India share of Rs. 20 crores.
A total of 451 buses as well as ancillary infrastructure were also approved in the CSMC meeting for 21 clusters of Chhattisgarh.
Out of these, the highest number of 110 buses have been sanctioned for Bhilai-Durg cluster, 60 buses have been approved for Raipur cluster, 50 for Bilaspur cluster, 48 for Korba cluster, and 35 for Ambikapur cluster among others.
Approval was also given for ancillary infrastructure like depots, workshops, and ITS for these 21 clusters at an estimated cost of Rs. 28.47 crore with a Govt. of India share of Rs. 18.44 crores.
These buses have been approved subject to conditions like setting up of city specific SPVs, ensuring availability of adequate land for depots/workshops, proof of tying up with financial intermediary, undertaking of State Govt. regarding operational losses, legal notification of urban agglomeration/Local Planning Area among others.
The Central Govt. will sanction 10,000 buses to states in the current financial year.
