Setu Bandhan Scheme

 

Context

Recently, the Ministry of Road Transport & Highways has disclosed the approval of seven crucial bridge projects in Arunachal Pradesh under the Setu Bandhan Scheme under the Central Road and Infrastructure Fund (CRIF).

What is the Central Road Infrastructure Fund (CRIF)?

• About:

• Under the Central Road Fund Act of 2000, the Central Road and Infrastructure Fund (formerly known as the Central Road Fund) was founded in 2000.
• Fund comprises a cess imposed along with excise duty on diesel and petrol.
• The Ministry of Finance is in charge of CRIF administration.
• It was previously under the authority of the Ministry of Road Transport and Highways.

• Central Road Fund Act (Amendment), 2018:

• The Central Road Fund was renamed as the Central Road and Infrastructure Fund (CRIF) by the amendment.
• It permitted the use of the proceeds of the road cess under CRIF to finance other infrastructure projects including some portion of the railway infrastructure, waterways and even social infrastructure including medical colleges, educational institutions etc.

• Setu Bandhan Scheme:

• The "Setu Bandhan Scheme" is a scheme started by the Ministry of Road Transport & Highways, aimed at facilitating the construction of Rail Under Bridges (RUBs), Rail Over Bridges (ROBs), and Bridges on State Roads.
• It is designed to increase road safety by replacing existing level crossings with bridges, ultimately reducing accidents at these locations.

 

 

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