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Inviting Suggestions on 'Draft National Policy Note on Value Capture Finance'

Inviting Suggestions on 'Draft National Policy Note on Value Capture Finance'
Start Date :
Aug 26, 2016
Last Date :
Sep 21, 2016
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

Both States and Central governments make large investments in infrastructure assets like roads, airports, and mass transit that opens up vast suburban hinterlands. Similarly, ...

Both States and Central governments make large investments in infrastructure assets like roads, airports, and mass transit that opens up vast suburban hinterlands. Similarly, investments in townships, industries, and commercial establishments catalyse rapid economic development in those areas. These investments typically generate large value enhancement, most of which get captured by private property owners in the form of higher land values. Governments typically recover only a limited value from such public investments, thereby constraining their capacity to make similar investments elsewhere. It is with this objective that Policy on Value Capture Finance (VCF) for financing infrastructure and development has been prepared.
The ministry seeks suggestion and feedback from the public and other stakeholders on the draft before firming up the policy.

Last date to share your suggestions is 20th September, 2016.

Click to Read: Draft National Policy Note on Value Capture Finance

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Showing 200 Submission(s)
Gobinda Kumar Kundu
Gobinda Kumar Kundu 9 years 9 months ago
One suggestion for VCF. India should have a new Capital. In 1920, when Capital was shifted to Delhi, it was thought to be the centre of India. Now in view of the security threat from North Western front and the current confusions in governance issues in Delhi, I feel Government of India should think in terms of new capital somewhere bordering UP, MP and Bihar (on the lines of Washington DC of USA). Many smart cities are being created, why not one of them becomes the New Capital of India.
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gagan parasher
gagan parasher 9 years 9 months ago
If government is serious on getting the maximum output and finish projects in time the only way that the projects should have fund allocated before start of project. The vendor or contractor is paid on time bound basis of bills of contractor and marking the lowest a contractor can go. The next step should be in case of dispute which is normally payment related to be resolved time bound (one month). Tender conditions cannot be one sided or again st the law. you can projects before time.
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SANJAY MANGAL
SANJAY MANGAL 9 years 9 months ago
To arrange finance for infrastructure and development is possible under PPP mode and BOT model as happening in case of constructions of highways. Govt. may always increase the stamp duty of surrounding land to get the benefits of such new infrastructures and development. A new development cess may also be introduced which may go directly in the kitty of Central Government. However there is also a need to fix the period upto which the private party maintain such project to recover their cost.
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Sandesh Khedeker
Sandesh Khedeker 9 years 9 months ago
There should be more accountability for public sector contractors engaged in roads, parks and public infrastructure. Severe punishment should be incorporated in terms of hefty fines for poor quality of work and blacklisting for repeated instances, in the proposed policy on value capture finance. For example, a municipal park in our locality is renovated multiple times in the span of last 11 years, with public spend of more than 10 crore rupees. The same is still not fit for use.
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Ganesan Subramanian
Ganesan Subramanian 9 years 9 months ago
Ref: Tensions between States (like Karnataka and TN) on sharing river waters. Right time now to call a meeting of all States, tell them Centre will fund enhancing value delivered by rivers by 50% thru better sharing, yet better utilization of water. A Commission may be set up to identify the current water availability & utilization of water, link rivers, use modern methods like drip irrigation to utilize water better, to give 50% more value. Let Centre bear the costs from its River Linking Fund.
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satyapal singh yadav
satyapal singh yadav 9 years 9 months ago
What we had more is population. As of now its like curse on our contry dont let groth happen . There is not a single agenda where we are united. WE had to utilise our manpower for growth. We are still backwards in education. We had o focus on india education keep above politic and train people to send our manpower out to bring growth to nation. we had to give power & freedom to people to start on project without hassle of system approval. You cant start anything in india , so many rulessssssssss
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satyapal singh yadav
satyapal singh yadav 9 years 9 months ago
Honorable PM sir Congratulation fro this portfolio. You give citizen freedom to expression & write. I wan to suggest that Surajya & Good Governance can only be possible when all people given Basic freedom which are written in constitution. Make all departments responsible for work & output. Make all system fair. Speedy judiciary & justice to common man. Today after 69 years of independence many people stay like slaves and freedom for them is still remains a dream. Thanks jai Hind
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KISHORE PARMAR
KISHORE PARMAR 9 years 9 months ago
PM SAHEB, please bring a policy for hawkers and foot path for walking as earliest possible . In Mumbai all politicians,RTO,BMC,police,goondas are one. We are staying like hell in Mumbai.you havee to take personal interest. Thank you Kishore parmar
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