"No land has been acquired from farmers for the land bank," she told the Lok Sabha while answering supplementaries during the Question Hour.
Banerjee said the railways have 1.12 lakh acres of vacant land spread across 16 zones which would be utilised to create a land bank. The land would be used for setting up industrial hubs, commercial development and other purposes connected with working of railways.
She said 510 acres of railway land has been entrusted to government agencies, semi-government agencies and other authorities for public purpose.
As many as 3568 acres of railway land has been entrusted to Rail Land Development Authority for commericial development of land which is not required immediately for railway operational needs, she said.
The minister said 497 acres of land has been licensed for purposes connected with railway working.
Banerjee said Railway earned Rs 541.95 crore in 2008-09 from land given to other authority. It earned Rs 476.51 crore in 2007-08, Rs 356 crore (2006-07), Rs 201.45 crore (2005-06), and Rs 200.80 crore (2004-05).
Published 30 July 2009, 09:32 IST