New Delhi: The Public Accounts Committee of the Lok Sabha has found that the Railway Land Development Authority failed in its objective to develop railway land for commercial use due to various reasons.
In its report presented to the Lok Sabha, the committee said that it reviewed 17 of the 49 sites entrusted to the Railway Land Development Authority (RLDA) by the Indian Railways in 2007 and noted that none of these were developed till 2017.
It added that only 40 of the 49 sites are commercially viable.
The committee — chaired by Adhir Ranjan Chowdhury — selected the subject “Development of Railway Land for Commercial use by Rail Land Development Authority”, which was based on the Comptroller and Auditor General’s (CAG) report laid in the Lok Sabha on July 20, 2018.
