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Govt drafting township policy for leasing land owned by major ports April 04, 2021 The Custom-bonded areas can be leased out for as much as 99 years to develop real estate including multi-storied buildings, commercial and residential complexes The Custom-bonded areas can be leased out for as much as 99 years to develop real estate including multi-storied buildings, commercial and residential complexes× Move could ease space crunch and raise funds for development of ports The Ministry of Ports, Shipping and Waterways is drafting a township policy that will lay down rules for commercial exploitation of land other than those needed for port and related activities at major ports.

West bengalMinistry of portsGovt draftingTownship policyLeasing landMajor portsCrunch and raise fundsமேற்கு பெங்கல்அமைச்சகம் ஆஃப் போர்ட்ஸ்அரசு வரைவுடவுன்ஷிப் பாலிஸீகுத்தகை நிலமுக்கிய போர்ட்ஸ்நெருக்கடி மற்றும் உயர்த்த நிதி