Centre to share cost of ring road project

DEHRADUN:The Central Government has agreed to bear 50 per cent cost of the state government’s ring road project proposed for Dehradun, Haridwar, Haldwani, Kashipur, Rudrapur and Udham Singh Nagar.

Tribune News Service 

Dehradun, November 23 

The Central Government has agreed to bear 50 per cent cost of the  state government’s ring road project proposed for Dehradun, Haridwar, Haldwani, Kashipur, Rudrapur and Udham Singh Nagar. 

At a meeting with the Union Minister of Surface Transport Nitin Gadkari in Delhi, it was agreed that the Centre and the state would provide funds in equal ratio for the project, said Urban Development Minister Madan Kaushik.

Further, the state will bear the cost of land acquisition for the project. In addition, the Centre has also agreed to help the state in covering the costs of preparating DPRs for the project. 

The Centre has also approved Rs 1,300 crore World Bank-funded horticulture project and village-based small-scale industries.

The screening committee of the Union Ministry of Finance has cleared three projects related to horticulture and horticulture-based small scale industries. 

Director of Horticulture Dr BS Negi said the project worth Rs 700 crore for the advancement of horticulture activities would help double farm income through diversification. 

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