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User_gary Posted 16 years ago
Vocabulary
Dormant landbanks
Title: Dormant Landbanks
Till a couple of years ago, Mamata Banerjee had been in the news for all the wrong reasons. The violence in Nandigram and sustained agitation in Singur that led to axing of two projects, including the prestigious Nano plant, branded her investor-unfriendly.
But since she took charge of the railway ministry after the 2009 Lok Sabha elections, she has been making the headlines for all the right reasons. In her second innings at Rail Bhavan, she made a mark in the first budget itself by projecting railways as the most important among government departments. This year, she has grabbed everyone's attention, including the global media, with her proposal to gainfully utilize landbanks lying with the Railways to create social infrastructure on a public-private partnership (PPP) model.
Source : http://timesofindia.indiatimes.com/city/kolkata-/Using-dormant-landbanks-this-budgets-USP/articleshow/5613568.cms
Could you please explain to me what "dormant" and "landbanks" means here?
Though I know "dormant" is generally to mean "not active" but no idea what landbanks means here.
Till a couple of years ago, Mamata Banerjee had been in the news for all the wrong reasons. The violence in Nandigram and sustained agitation in Singur that led to axing of two projects, including the prestigious Nano plant, branded her investor-unfriendly.
But since she took charge of the railway ministry after the 2009 Lok Sabha elections, she has been making the headlines for all the right reasons. In her second innings at Rail Bhavan, she made a mark in the first budget itself by projecting railways as the most important among government departments. This year, she has grabbed everyone's attention, including the global media, with her proposal to gainfully utilize landbanks lying with the Railways to create social infrastructure on a public-private partnership (PPP) model.
Source : http://timesofindia.indiatimes.com/city/kolkata-/Using-dormant-landbanks-this-budgets-USP/articleshow/5613568.cms
Could you please explain to me what "dormant" and "landbanks" means here?
Though I know "dormant" is generally to mean "not active" but no idea what landbanks means here.
Top answer
e. land and property that the railways own). I suppose "dormant" means that they are not currently fully exploited or utilised.
- e.
- land and property that the railways own).
- I suppose "dormant" means that they are not currently fully exploited or utilised.
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1 Answers
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My guess is that "landbanks" means land assets (i.e. land and property that the railways own). I suppose "dormant" means that they are not currently fully exploited or utilised.
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