Maligaon, February 28 (MExN): Railway Ministry is embarking upon revenue generation by adopting non-fare measures throughout the country as a part of the policy. Various measures are being undertaken like commercial advertisements in stations, coaches etc. Leasing of Railway land for commercial purposes is one amongst them.
The vacant railway lands at Guwahati were processed for leasing. The total land being leased at Guwahati is 19.44 Bigha only (12.36 Bighas at Pan Bazaar and 7.08 Bighas at Ambari). Moreover, the selected developer will have to construct and maintain 156 units of staff quarters for Railway men on one of the plots for a period of 03 years. This will lead to generation of additional revenue to the tune of Rs 189.65 crore for the Indian Railways.
Moreover, various developmental and commercial activities in the developed land will lead to betterment of the economic condition of local areas. Local entrepreneurs and small businesses will get benefitted economically. Traders, other stakeholders and the society at large will also benefit in various ways.
“Leasing of land also helps in removing of illegal encroachments from Railway Land, for which all out efforts are being made time to time with the help of the respective State Government authorities,” Sabyasachi De, Chief Public Relations Officer, NFR stated in a press release.
