JNNURM scheme to boost public transport system in cities

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Esha Roy Tags : Bus Rapid Transit System Posted: Tuesday , Jan 13, 2009 at 0000 hrs

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The ministry has recommended introduction of betterment levy on land in areas which benefit by investment in transport projects; rationalisation of parking fee, property development tax, property development on land banks around bus corridors, advertisement revenue on transit corridors, etc. The taxes collected will be used to set up an Urban Transport Fee at state level which would be used for other urban transport projects.

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