The government announcement followed Speaker Kavinder Gupta's directive in this regard after the issue was raised during the Question Hour by the opposition National Conference legislator Mubarak Gul.
Gul, who was joined by members from ruling BJP and PDP, alleged huge bunglings in the implementation of the Roshni Act which was brought in 2001 and was meant for selling the government land at market rates to the illegal occupants.
"When the Roshni Scheme was launched, the then government had claimed that it will generate a revenue of Rs 25,000 crore and the money will be spent on construction of new power projects in the state. But only Rs 78 crore revenue has been generated under it," Jasrotia said.
"It seems a big fraud. The land has been transferred to influential politicians and bureaucrats. The basic purpose of generating revenue of Rs 25,000 crore has been defeated. Government should reveal names of politicians and bureaucrats who have benefitted under the Scheme," he said, adding, "the government is hiding their names."
Also Read
The legislators demanded a probe into the whole issue after which the Speaker directed the government to investigate into it.
"I too had asked some questions," Gupta said, adding "I direct the government to hold an immediate inquiry into the Roshni Act."
Minister for Revenue Basharat Bukhari then assured the House that an inquiry would be conducted to reveal the facts about the whole scheme.
Earlier, replying to a question, Bukhari said 229691 Kanals and 2 Malras (11619 hectares) of state land have been transferred to 50,157 beneficiaries as per the Act.
He said Rs 54,21,95,760 revenue has been generated in Kashmir on account of regularization of un-authorised land and Rs 24,25,81,922 in Jammu region under the Act.