section Schedule II
Schedule II
The Bihar State Infrastructure Development Enabling Act, 2006All Infrastructure Projects may be categorized based on the extent of Government support required and the exclusivity of the rights granted. The Government Agency or the Local Authority with the approval of the Infrastructure Development Authority will be entitled to evolve any further category or categories of the Project having combination of categories as per the priority and other requirements of the Government Agency or the Local Authority. The Government Agency or the Local Authority with the approval of the Infrastructure Development Authority may divide the Project into following categories: 1. CATEGORY - I PROJECTS: shall be Projects where,- (i) no fiscal incentives in the form of contingent liabilities or financial incentives are required; (ii) the Project is viable even when land is granted at the market rates; (iii) no exclusive rights are conferred on the Developer; (iv) minimal inter-linkages are required. 2. CATEGORY - II PROJECTS: shall be Projects where,- (i) Government or Government Agency will be required to provide assets support; (ii) financial incentives in the form of contingent liabilities or direct financial support are required to be provided; (iii) exclusive right are conferred on the Developer; (iv) extensive linkages i.e. support facilities for the project such as water connection etc. are needed. • 29
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