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Government Policy Initiatives
Policy Initiatives for Attracting Private Investment
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Government will carry out all preparatory work including land acquisition and utility removal. Right of way (ROW) to be made available to concessionaires free from all encumbrances.
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NHAI / GOI to provide capital grant up to 40% of project cost to enhance viability on a case to case basis
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100% tax exemption for 5 years and 30% relief for next 5 years, which may be availed of in 20 years.
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Concession period allowed up to 30 years
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Arbitration and Conciliation Act 1996 based on UNICITRAL provisions.
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In BOT projects entrepreneur are allowed to collect and
retain tolls
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Duty free import of specified modern high capacity equipment for highway construction.
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Concession agreement download.
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