Cabinet approves reduction in railway land licence fee to 1.5%

08 Sep 2022 CW Team

Anurag Thakur, Minister of Information and Broadcasting, declared on September 7 that the Union Cabinet had approved the policy on long-term leasing of Indian Railways land and has reduced land licencing rates from 6% to 1.5%. The lease term has also been extended from five to 35 years.

The Cabinet's ratification of the long-awaited modification to the Railway Land Policy would facilitate Container Corporation of India's (Concor) strategic divestiture process and make it more appealing to private investors. The move is in accordance with NITI Aayog's proposal that the railway land leasing fee for containers be kept below 3%.

The proposed changes will pave way for the privatisation of Concor because it will help strategic buyers pay much less amounts as land rentals to railways for a longer period. This was one of the key suggestions put forward by the investment advisors of Concor.

The Cabinet had in November 2019 approved the divestment of the government's 30.8 percent shareholding in the company, along with the transfer of management control.

Also Read
UP govt to establish influence zone under TOD around rapid rail corridor.
New rail in Jharkhand to add 125 MT coal evacuation capacity

Infrastructure Urban

09 Jan 2026

Jyoti Structures Commissions Galvanisation at Second Nashik Unit

Jyoti Structures has commissioned galvanisation operations at its second tower manufacturing unit in Nashik, strengthening its in-house capabilities across critical stages of power transmission infrastructure production. The listed Engineering, Procurement and Construction (EPC) company operates globally and has delivered projects for customers across more than 50 countries.The second Nashik unit, with an annual manufacturing capacity of 36,000 metric tonnes, has become operational following the completion of installation, testing and readiness of the new galvanising facilities. With this deve..

Rosatom Connects First Kursk NPP-2 Unit to National Grid

Rosatom has launched the first power unit of the Kursk Nuclear Power Plant-2 (Kursk NPP-2) into Russia’s Unified Energy System, marking a key milestone in the country’s nuclear energy programme. The initial grid connection took place at the end of the year, bringing a new source of low-carbon electricity online for the Kursk region and the broader Central Energy System.The newly commissioned unit is the first implementation of the VVER-TOI reactor design, which incorporates advanced safety and performance features. With an installed capacity of 1,250 MW, it is the most powerful nuclear pow..

TOTO Crosses 70 Million WASHLET Sales as India Fuels Growth

TOTO has announced that global shipments of its WASHLET range have surpassed 70 million units, marking a major milestone in the brand’s more than four decades of innovation in bathroom hygiene and wellness. Headquartered in Japan, the company supplies WASHLET products across residential and public restroom applications in over 100 countries, with rising demand across the Americas, Europe and Asia.The milestone reflects a global shift toward higher standards of hygiene, comfort and wellness. While overall demand continues to grow worldwide, India has emerged as one of TOTO’s fastest-growing..