Hyderabad, July 9 -- Defence minister Rajnath Singh has approved the allocation of Rs 303.62 crore for development works in the Secunderabad Cantonment area, marking a shift in how compensation for defence land transfers is utilised.
Traditionally, when cantonment land is transferred for public projects, the compensation is deposited into the Consolidated Fund of India. However, following persistent appeals and formal requests, this compensation will now be deposited into a dedicated escrow account linked to the Secunderabad Cantonment Board (SCB), ensuring the funds are ring-fenced exclusively for local development projects.
Land transfer compensation
This decision comes in the context of the Defence ministry transferring land to the ...
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