Boston Consulting Group (BCG) has suggested that public sector steel major, Steel Authority India Ltd (SAIL), review the relevance of its huge land bank and joint venture holdings in view of the cash required to deal with its debt.SAIL's debt as on March 31, 2017, was at Rs 41,396 crore, analysts said. A recent Motilal Oswal report mentioned that SAIL's net debt would continue to rise while eroding equity value. ICRA's senior vice president, Jayanta Roy, amplified, "SAIL's debt burden has increased significantly during 2016-17 to over 40,000 crore, while its networth has eroded during both 2015-16 and 2016-17 because of losses suffered. Consequently, the company's capital structure has weakened over this period." SAIL did not want to comment on the issue. The public sector steel company does have huge tracts of land. In a recent interview to a news agency, steel minister, Chaudhary Birender Singh, had said that around 1,00,000 acres of land was available with the steel PSUs which...