PAC suggests refund of net present value collected from TDB

published on December 2, 2005

From Mahadev

Kochi, Dec 02


The Public Accounts Committee (PAC) of the Lok Sabha, in its report tabled in the Lok Sabha yesterday has asked the Central and state governments “to examine the feasibility of treating the transferred land at Nilakkal as revenue land instead of forest land and consider waiver of the price charged as ‘net present value’ (NPV) in larger public interest. The TDB had paid around Rs 6 crore to the state government towards cost of the land as NPV.


The land handed over by the government at Nilakkal is not a forest land as it was  a rubber plantation under the possession of the State Farming Corporation.

The PAC recommended that “efforts may be made to examine the feasibility of building a corpus out of sponsorships and donations to ensure that the implementation of the plan does not suffer on account of paucity of funds”.


The Committee headed by Mr V K Malhotra, MP (BJP), also suggested that the Kerala should confer statutory status on the proposed Sabarimala Master Plan to ensure its smooth and speedy implementation.


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