The Public Accounts Committee of Lok Sabha in its report has found that the Railway Land Development Authority (RLDA) failed in its objective to develop railway land sites for commercial use due to various reasons.
In the report, presented to the Lok Sabha, the Committee said that it reviewed 17 sites out of 49 entrusted to RLDA by the Indian Railways in 2007 and noted that none of them were developed till 2017.
It added that out of 49 sites, only 40 were commercially viable.
