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  • homebusiness NewsDPIIT working on policy for auction of salt land to private players

    DPIIT working on policy for auction of salt land to private players

    DPIIT working on policy for auction of salt land to private players
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    By PTI Jan 8, 2023 12:29:29 PM IST (Published)

    Land declared surplus to the requirement of SCO would be considered for transfer for public purposes in accordance with the General Financial Rules under intimation to the Ministry of Urban Development, the DPIIT had said in a document inviting application for valuers.

    The Department for Promotion of Industry and Internal Trade (DPIIT) is working on formulating a policy for auction of salt land to private players, sources said. The department had received requests from different ministries, departments, state governments, central and public sector enterprises for transfer of land owned by the Government of India through the Office of the Salt Commissioner, at places other than Mumbai and its suburbs, for public purposes.

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    Sources said that the department is finalising a draft policy on auction of salt land to private players. A drone survey of salt land is also being undertaken.
    In May last year, the DPIIT had sought applications for the empanelment of valuers in Salt Commissioner's Organization (SCO) for a period of five years.
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