New Delhi: The Planning Commission has pitched for a regulator in the road sector in the country for determining tariff and service quality. (Agencies)
"There is no independent regulatory authority for country's roads and highways sector," the Commission said in its 12th Plan document.
"Therefore, there is a need for a regulator whose key functions should include tariff setting, regulation of service quality, assessment of concessionaire claims, collection and dissemination of sector information, service-level benchmarks and monitoring compliance of concession agreements," it said.
The challenges in the transport sector need to be addressed in a comprehensive manner with a set of policies, laws and regulations, it added.
A more integrated approach is required to take transport as a whole, it said, adding that the vision for transport should lead to an efficient, sustainable, economical, safe, reliable, environmentally friendly and regionally balanced investments.
Decisions on road expressways, dedicated rail freight corridors, high speed trains and movement through inland waterways or coastal shipping must be taken holistically so that the objective of speed and efficient energy usage is achieved, the document said.
Planning Commission will set up a group of technical experts and transport planners to suggest policy interventions and operational strategy required to re-orient the transport sector.
It is estimated that the infrastructure sector will need investment of one trillion dollars in the 12th plan. Of this, major share will be in the transport sector. Given the limitation of public resource, private investments will have to be emphasised and expanded, the Commission said.
The main targets of the 12th Plan will be completion of on-going works on Golden Quadrilateral and North-South and East-West corridors taken up under the National Highway Development Programme (NHDP).
A comprehensive master plan for development of 15,600 km of expressways would be developed, the alignment determined and work taken up in phases, it said.
It is hoped that 1,000 km of expressways would be completed during the 12th Plan period, while land for another 6,000 km would be acquired to initiate work.
The government has announced several incentives such as tax exemptions and duty-free import of road-building equipment and machinery to encourage private sector participation.
New Delhi: The Planning Commission has pitched for a regulator in the road sector in the country for determining tariff and service quality.