LOK SABHA
The Minister of
State for Urban Development & Poverty Alleviation, Shri
Pon. Radhakrishnan has stated in a written reply to Shri Iqbal
Ahmed Saradgi in Lok Sabha today that a National Urban Transport
Development Fund (NUTDF) with a seed money of Rs. 3,000 crore
would be set up during 10th Plan period. An equal
amount would be raised through taxes/cesses taking the total
amount available to Rs. 6,000 crore. This fund would be the
prime mover for making Urban Rail Based Transport System a reality
in cities.
City-wise
specific projects for Rail Based Urban Transport System together
with funds requirement for them would be identified and examined
in consultation with the State Governments as Urban Transport
is the Primary responsibility of the State Governments.
