Indian Railways To Sell Off 12,066 Acres Of Unused Land To 13 States

News World India | 0
| May 6 , 2018 , 11:43 IST

The Indian Railways has offered 13 states the option to buy or exchange nearly 12,066 acres of unused land parcels which had been acquired by the railways as a part of its uni-gauge policy to improve connectivity. The excess land remained unused after the railways used existing gauge to convert from meter or narrow gauge to broad gauge.

The Railway Board last month wrote to the chief secretaries of West Bengal, Gujarat, Tamil Nadu, Jharkhand, Punjab, Madhya Pradesh, Maharashtra, Odisha, Karnataka, Uttar Pradesh, Karnataka, Chhattisgarh and Assam, asking them to either buy or exchange the extra land parcels for developmental projects, PTI said on Sunday.

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"These land parcels can be used by the state governments for construction of highways, roads or any other useful purpose," said the letter.

"The amount payable for the land will be in all cases be its market value on the date of transfer. The land can also be transferred to the state government on the basis of exchange of land with state government land which may be useful to the railways on equitable cost basis," the letter said.

The Railway Board has asked states to send their proposals for the available land to the Divisional Railway Manager.

Some of the land parcels in possession of the railways has been under their control for more than 100 years. For example, the Uttar Pradesh's Dudhwa-Chandan Chowki section was acquired by the railways in 1893 and land in Assam was acquired in 1894.

Sources quoted by the PTI said that the railways would likely earn thousands of crores if state governments took up the leftover land.