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CABINET APPROVES TO INTRODUCE PUNJAB INFRASTRUCTURE (DEVELOPMENT AND REGULATION) AMENDMENT BILL, 2021 IN ONGOING BUDGET SESSION

CABINET APPROVES TO INTRODUCE PUNJAB INFRASTRUCTURE (DEVELOPMENT AND REGULATION) AMENDMENT BILL, 2021 IN ONGOING BUDGET SESSION
  • PublishedMarch 1, 2021

STEP TO BOOST PACE OF INFRASTRUCTURE DEVELOPMENT

Chandigarh, March 1: In order to boost the pace of infrastructure Development in the state by levying special ID fee , the Punjab Cabinet led by Chief Minister Captain Amarinder Singh on Monday gave a nod to introduce Punjab Infrastructure (Development and Regulation) Amendment Bill, 2021 in the ongoing Budget Session.

To effect the imposition of Special ID Fee, an amendment to the effect would be made in the existing provision by inserting a new Section 25-A Levy of Special Fee, which stipulates “Notwithstanding anything contained in this Act, the State Government may impose the Special ID Fee for purpose of which a special head shall be created under which the accrued Special ID Fee shall be collected and deposited to the Development Fund created under the provisions of Section 27(1).”

DECKS CLEARED FOR CONSTRUCTION OF NEW BUS STAND AT ROOPNAGAR

To provide better facility to general public and manage traffic of the city, the Punjab Cabinet today gave approval to construct new Bus Stand along with Administrative block/Workshop at Roopnagar in exchange of 1.16 acre land of Improvement Trust, Roopnagar, revenue profit from bus stand(after excluding all expenses) according to percentage share of land, 15.06% share will be reserved for Improvement Trust, Roopnagar.

Written By
The Punjab Wire