Section 245 ·

(1) The Corporation may, with the approval of the State Government, undertake the formulation, execution and running of commercial projects including market development schemes or industrial estates, in relation to lands and buildings vested or in the possession of the Corporation, or open depots for trading in essential commodities, or maintain bus or truck terminals together with commercial complexes, or run tourist lodges or centres along with commercial activities, or carry on similar projects on commercial basis. (2) All the provisions of this Chapter, so far as they are applicable, shall mutatis mutandis apply to the commercial ventures undertaken by the Corporation under this section.