New Delhi, May 24: The government should formulate a uniform national criteria for privatisation of the road sector to avoid the chaos resulting from conflicting advice from foreign consultants and multilateral funding agencies, Associated Chambers of Commerce and Industry (Assocham) said on Wednesday.Releasing a strategy paper on methods and rationale of privatisation of the roads sector, Assocham president Shekhar Bajaj said, "it is imperative that road users get used to paying tolls for the high-level of infrastructure the government intends to bring in."
All roads once improved and upgraded should be tolled, the Chamber said in a statement here.
The government needs to offer high traffic density highways to private sector on fully-tolled highways scheme as the entrepreneur had to take the revenue risk fully, the chamber suggested.
Highway stretches with medium traffic density should be put on offer on shadow tolling scheme where government reimburses the toll amount based on the actual traffic, it said.
The other mode of private sector role in roads sector was on an annunity basis where government guarantees fixed returns and selection of the entrepreneur is based on the lowest cumulative annuities bid, Bajaj said.
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