The Cabinet chaired by Chief Minister, Mehbooba Mufti today accorded sanction to the transfer of land by way of sale, measuring 50 Kanals available with Government Joinery Mills, Pampore to the J&K Bank Ltd at Rs 45 Lakh per Kanal for development of Mega Currency Chest and establishment of Staff Training College, which will be handed over to the J&K Bank after receiving full compensation after due demarcation provided by the Revenue Department Officials.