Lok Sabha Question No. 3559 (UNSTARRED), answered on 2021-03-17
Subject: Monetization of Assets
Ministry: RAILWAYS
Asked by: Sushil Kumar Singh

## GOVERNMENT OF INDIA MINISTRY OF RAILWAYS

## LOK SABHA UNSTARRED QUESTION NO. 3559 TO BE ANSWERED ON 17.03.2021

## MONETIZATION OF ASSETS

3559.    SHRI SUSHIL KUMAR SINGH:

Will the Minister of RAILWAYS be pleased to state:

- (a) the  details  of  all  bodies  including  autonomous  and  statutory bodies under the administrative control of the Ministry;
- (b) the details, locations, total area of all land assets owned by the Railways;
- (c) the monetary value of each such land asset;
- (d) whether the Railways has undertaken any exercise for monetization of assets;
- (e) if so, the details thereof and if not, the reasons therefor; and
- (f) the  year-wise  details  of  all  assets  and  monetized  by  anybody under the administrative control of the Ministry during the last ten years?

## ANSWER

MINISTER OF RAILWAYS, COMMERCE & INDUSTRY AND CONSUMER AFFAIRS, FOOD & PUBLIC DISTRIBUTION

## (SHRI PIYUSH GOYAL)

- (a) to (f):   A Statement is laid on the Table of the House.

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STATEMENT  REFERRED  TO  IN  REPLY  TO  PARTS  (a)  TO  (f)  OF UNSTARRED QUESTION  NO.  3559  BY  SHRI  SUSHIL  KUMAR  SINGH TO  BE  ANSWERED  IN  LOK  SABHA  ON  17.03.2021  REGARDING MONETIZATION OF ASSETS

(a):    A list of Central Public Sector Enterprises (CPSEs) and Autonomous/Statutory bodies under Minister of Railways is appended.

## (b): As  on  31.03.2020,  the total land in possession  of  Indian Railways' is about 4.81 lakh hectares. Details of the land areas are as under:

| S. No.   | Description                                                         |   Area (in lakh hectares) |
|----------|---------------------------------------------------------------------|---------------------------|
| 1.       | Track and structures including Stations, colonies, etc.             |                      3.67 |
| 2.       | Afforestation                                                       |                      0.43 |
| 3.       | 'Grow More Food' scheme                                             |                      0.03 |
| 4.       | Commercial licensing                                                |                      0.04 |
| 5.       | Other uses like pisciculture                                        |                      0.12 |
| 6.       | Encroachment                                                        |                      0.01 |
| 7.       | Vacant land (mostly in the form of narrow strips along tracks etc.) |                      0.51 |
| Total    | Total                                                               |                      4.81 |

(c):  Monetary value of such land asset is not assessed by Railways.

(d)  to  (f):    Yes,  Sir.  Ministry  of  Railways  has  planned  to  monetize assets  including  Dedicated  Freight  Corridors  after  commissioning, Railway land parcels, Railway colonies, Hill Railways and stadiums. So far, 87 Land parcels, 84 Railway Colonies, 4 Hill Railways and 3 Stadiums  have  been  identified  for  asset  monetization  on  all  over Railways.  Further,  monetization  of  assets  is  a  continuous  ongoing process  undertaken  from  time  to  time  through  various  modes  of transaction.

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## APPENDIX  REFERRED  TO  IN  REPLY  TO  PART  (a)  OF  UNSTARRED QUESTION NO. 3559 BY SHRI SUSHIL KUMAR SINGH TO BE ANSWERED IN LOK SABHA ON 17.03.2021 REGARDING MONETIZATION OF ASSETS

- (a): List of Central Public Sector Enterprises (CPSEs) and Autonomous/Statutory bodies under Minister of Railways is as under:

| S.No.                                                                | Name                                                                            |
|----------------------------------------------------------------------|---------------------------------------------------------------------------------|
| Central Public Sector Enterprises (CPSEs) under Ministry of Railways | Central Public Sector Enterprises (CPSEs) under Ministry of Railways            |
| 1                                                                    | Bharat Wagon & Engineering Company Limited (BWEL) - Schedule 'C'                |
| 2                                                                    | Braithwaite & Company Limited (BCL) - Schedule 'B'                              |
| 3                                                                    | Burn Standard Company Limited (BSCL) - Schedule 'B'                             |
| 4                                                                    | Container Corporation of India Limited (CONCOR) - Schedule 'A'                  |
| 5                                                                    | Dedicated Freight Corridor Corporation of India Limited (DFCCIL) - Schedule 'A' |
| 6                                                                    | Indian Railway Finance Corporation Limited (IRFC) - Schedule 'A'                |
| 7                                                                    | Indian Railway Catering & Tourism Corporation Limited (IRCTC) - Schedule 'B'    |
| 8                                                                    | IRCON International Limited - Schedule 'A'                                      |
| 9                                                                    | Kolkata Metro Rail Corporation Limited (KMRCL) - un-categorized                 |
| 10                                                                   | Konkan Railway Corporation Limited (KRCL) - Schedule 'A'                        |
| 11                                                                   | Mumbai Railway Vikas Corporation Limited (MRVC) - Schedule 'A'                  |
| 12                                                                   | RailTel Corporation of India Limited (RCIL) - Schedule 'A'                      |
| 13                                                                   | Rail Vikas Nigam Limited (RVNL) - Schedule 'A'                                  |
| 14                                                                   | RITES Limited - Schedule 'A'                                                    |

| Autonomous Bodies under Ministry of Railways   | Autonomous Bodies under Ministry of Railways                    |
|------------------------------------------------|-----------------------------------------------------------------|
| 15                                             | Centre for Railway Information Systems (CRIS) (Autonomous Body) |
| 16                                             | Rail Land Development Authority (RLDA) (Autonomous Body)        |
| Statutory Body under Ministry of Railways      | Statutory Body under Ministry of Railways                       |
| 17                                             | Railway Claims Tribunal                                         |

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