“We want to pool in at least Rs 100 crore every year and gradually build a fund that will make the government self-reliant,” said an official, adding that agencies like the DTC, Delhi Police and others

involved in developing transport schemes would be made party to it.

Transport Commissioner and Principal Secretary R K Verma said the department was in the process of drafting the scheme.

“The proposal will be sent to the Lieutenant-Governor soon and, if approved, will be sent to the Centre,” he said.

The Delhi government has till now set aside Rs 614 crore for the procurement of 2,500 buses to modernise the DTC bus fleet by March 2010.

Projects on the anvil

* Six BRT corridors by 2010 at a cost of Rs 1,810 crore, approximately

* Three light rail transit corridors covering a length of 45 km in Phase 1, feasibility study under way

* Three monorail corridors covering a length of 47.8 km in Phase 1

* Procurement of 2,500 modern buses for the DTC. There will be 1,402 low-floor buses, 750 semi low-floor buses, 600 AC low-floor buses, 250 AC semi-low floor buses and 1,000 standard buses

* Upgrade and renovation of the inter-state bus terminals at Kashmere Gate, Anand Vihar and Sarai Kale Khan

* Two new inter-state bus terminals to come up at

Narela and Dwarka on public-private-partnership basis

* Upgrading the 27 existing DTC bus depots and increasing their number to at least 35, with parking facilities for low-floor buses. It has been planned to commercially exploit the depots by renting out space for malls and hotels