10th March, 2003
Ministry of Steel  


UTILISATION OF BSL LAND


LOK SABHA

Total area of land acquired for Bokaro Steel Plant (BSL) of the Steel Authority of India Limited (SAIL) was 31287.24 acres. The land has been utilised for the purpose it was acquired for.

Out of this 336.73 acres have been allotted on lease to individual traders, non-government organisations and educational institutions. The land was allotted on lease basis for a period of 30-33 years. The land rent in respect of commercial plots was 1 per cent of the applicable premium and for institutional plots, there was a token rent of Rs. 1/-. At present the land rent is 1 per cent of the applicable premium for all categories.

The area of land given on lease during the last three years is 31846.76 square metre. Besides 4579 quarters have been allotted on lease basis from June 2001 to March 5, 2003.

This information was given by the Minister for Steel, Shri Braja Kishore Tripathy in a written reply in the Lok Sabha today.