The railway ministry has decided to give more powers to its two nodal bodies to redevelop stations and its land, a senior official said.
The two bodies — Railway Land Development Authority (RLDA), and Indian Railways Station Development Corporation (IRSDC) — are set to get powers to deal with all big decisions on the commercial use of railway land and developing stations, the official said.
The ministry has also formed a high-powered committee which will give recommendations on ways to further strengthen the bodies which will, in turn, speed up the execution of projects.
“The issue of exploiting railway land for commercial use is being looked into afresh and the organisation handling this subject – RLDA – is being further strengthened and empowered to take care of this work effectively, especially big land parcels,” Railway Board chairman, Ashwani Lohani, told PTI. Read More…
Latest posts by Moneycontrol.com (see all)
- No free power, first pay and then get electricity, says R K Singh - July 16, 2019
- India’s coking coal imports at 51.84 MT in 2018-19 - July 16, 2019
- BS-VI fuel introduced in Delhi: Environment Minister - July 15, 2019