The policy for creating a land bank of surplus land available with public sector units (PSU) which can be auctioned is being drafted in accordance with the budget announcement. "The committee for deciding the guidelines for identification and disposal of surplus land with PSUs has finalised its recommendations. The report should be ready in a fortnight or so," said Economic Affairs Secretary Shaktikanta Das. He said the policy would cover all state-run firms. The Ministry of Urban Development has set up a portal, which would act as a repository of all information on government and PSU lands. All PSUs will give information on the land available to them," Das told a newspaper. The committee's recommendations provide criteria for deciding the surplus land and how it should be disposed of. "It will spell out whether the land should be given directly to government ministries or agencies. If these don't require the land, then it will be disposed of through auctioning," he said.