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NCR has earned Rs. 360 Crs. through use of vacant Railway Land

NCR has earned Rs. 360 Crs. through use of vacant Railway Land

The North Central Railway has earned exceptionally high amount through utilisation of its vacant land in FY 2022-23. North Central Railway has generated Rs 359.93 Cr. by giving land to private parties, Govt. Deptts and PSU companies o­n leasing/ licensing basis. Railway Board had fixed the annual target of land revenue i.e. Sundry earning in FY 2022-23 as Rs 80 Cr. Total earning though land in FY 2022-23 is almost 425% of assigned target by Railway Board. In last year i.e. FY 2021-22, North Central Railway had generated merely Rs. 42.78 Cr. against the set target of Rs. 91.23 Cr. The best ever Land earning of North Central Railway since inception of North Central Railway was Rs 111Cr. in FY 2016-17.

This exceptional performance of land revenue realization was possible due to keen interest taken by General Manager/North Central Railway,ShriSatish Kumar and continuous pursuing and reviewing of the field units performance and timely processing of land cases by ShriPradeep Kumar, Chief Engineer/ General who is In-charge of the land matters in Zonal HQ office. DRMs of PrayagrajDivision, Jhansi Division and Agra Division has also taken interest in implementing the guidelines and instructions of HQ office at field level to realise the land dues from the parties o­n time.

Railway earns revenue throughrelisationof fees/leasing and licensing charges of vacant land by giving permission to cross Railway tracks, allowing construction of private sidings and permitting Metro Rails to construct Metro stations using Railway's vacant land. The contribution ofPRYJ Division is Rs. 265.79 Cr., Jhansi division is Rs. 60.35 Cr. and Agra division is Rs.33.79 Cr. to achieve such a huge amount of Rs. 360 Cr. approx. Rs 235 Cr. has earned by North Central Railway by giving permission to cross the Railway tracks by Kanpur Metro Rail project.

The above exceptional performance has been achieved by North Central Railway even though the Central Govt. had reviewed the land charges in the month of Sept' 22 and fixed the lower land charges to promote speedy infrastructure development by other Govt. Deptts such as telecom, Metro Rail, Water resources Deptts. MoRTH by utilising vacant Railway land.

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