Question : Station Monetization Plan

(a) whether the national monetization pipeline proposes to monetize 400 Railway stations in four years;

(b) if so, the manner in which monetisation revenue is likely to accrue to Indian Railways;

(c) whether the monetisation of 400 stations have to be achieved through Railway Stations Development Corporation but the same corporation has been wound up; and

(d) if so, the steps proposed to achieve the station monetization plan?

MINISTER OF RAILWAYS, COMMUNICATIONS AND ELECTRONICS
& INFORMATION TECHNOLOGY

(SHRI ASHWINI VAISHNAW)

(a): Yes, Sir. NITI Aayog has recommended redevelopment of 400 Railway Stations.
(b): At present, it is difficult to estimate revenue from redevelopment activities.
(c) and (d): The works presently handled by IRSDC are being transferred to Rail Land Development Authority (RLDA) and Zonal Railways.

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