Railways Minister Piyush Goyal on Wednesday (March 10) said that the new land licensing fee (LLF) policy for the Indian Railways has been cleared by the ministry and that it will soon get the approval from Union Cabinet as well.
“We had a detailed round of engagement with the private sector and also Niti Aayog before finalising the LLF. We had inter-ministerial consultation as well. Now, we have finalised the policy and got my approval too. It is going to the Cabinet soon,” Goyal said.
He added that the proposal has been sent to Cabinet Secretary.
The new LLF policy for facilities built on railway land will help end the deadlock over a key issue that has halted the process of privatising the state-run Container Corporation of India Ltd (Concor).
Source: Zee news
