News Business Chidambaram lays stress on buses as a means of transport

Chidambaram lays stress on buses as a means of transport

New Delhi, Feb 28: The 2013-14 General Budget today laid emphasis on buses as a means of transport especially in the hilly regions of the country.In his budget speech in Lok Sabha, Finance Minister P

chidambaram lays stress on buses as a means of transport chidambaram lays stress on buses as a means of transport
New Delhi, Feb 28: The 2013-14 General Budget today laid emphasis on buses as a means of transport especially in the hilly regions of the country.



In his budget speech in Lok Sabha, Finance Minister P Chidambaram said that the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) is being continued in the 12th plan.  

The 14,000 buses sanctioned during 2009 to 2012 have made a big contribution to urban transport, he said.  

The Finance Minister announced a sum of Rs 14,873 crore for JNNURM, as against Rs 7,383 crore in the previous Budget.

Out of this amount, a significant portion will be used to support the purchase of up to 10,000 buses, especially by the hill states, Chidambaram said.

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