A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Nandurkar, Anuradha
- Satisfaction of Travelers about BOT Projects:A Case Study of Pimpalgaon-Nasik-Gonde (PNG) Project
Authors
1 Department of Banking & Finance, Bytco College, Nasik-Road, Nasik, Maharashtra, IN
2 Department of Commerce, K.K.Wagh Arts, Commerce Science College, Nasik, Maharashtra, IN
Source
International Journal of Innovative Research and Development, Vol 5, No 13 (2016), Pagination: 144-148Abstract
Infrastructure development is a precondition for economic growth. Due to Paucity of funds it is not possible for the Government to provide road connectivity to the increasing population. Thus emerged an idea of PPP to provide finance for infrastructure development under which the government seeks the participation of private sector for development of roads. BOT is a popular model for the road development in which the sharing is between public and private sector. Maharashtra state has taken pro-active measures towards the PPP/BOT approach for the development of roads. The focus of this research study is on evaluation of the performance of the project and the factors affecting the satisfaction of road users through the case study of Pimpalgaon-Nasik-Gonde project and to identify the problems faced by the Users. The questionnaire was developed and a Pearson Chi-Square Test is conducted to show the results. The study shows the various risks and factors affecting road user’s satisfaction such as delay in implementation, cost overrun, opposition to pay toll charges, environmental clearances, and proper maintenance of roads. There is a need to adopt a standard strategy to overcome these issues and proper coordination between Govt. authorities and private sector.