Saturday 19 May 2012

Approval of Estimates of Works

The development and maintenance of National Highways (NHs) is a continuous process and the improvement works are approved accordingly for being taken up based on the traffic intensity, condition of Pavement and availability of funds. A uniform formula for calculating upper limit for sanction of estimates has been followed depending upon available budget allocation and outstanding liabilities of works in progress. Bank of sanction (BOS) ratio under NH (O) as on 1st April, 2011 is three times of budget allocation for each State except North- Eastern States where BOS ratio is 3.5 times in view of less availability of working season.

This information was given by Shri Jitin Prasada, the Minister of State for Road Transport & Highways in a written reply in Rajya Sabha today. 

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