Aim is to ensure that funds do not lapse
The State has decided to set up a special purpose vehicle (SPV) to operate and manage the buses procured with 80 per cent financial assistance from the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/cabinet-nod-set-spv-jnnurm-buses
[2] http://admin.indiaenvironmentportal.org.in/category/author/s-anil-radhakrishnan
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-thiruvananthapuram
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kerala
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/buses
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/jawaharlal-nehru-national-urban-renewal-mission-jnnurm
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/thiruvananthapuram-d
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kochi
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/public-transport
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/transport