New Delhi: The government is looking a a number of options to soften the blow of a levy that has been imposed on flights on major routes to fund subsidised flights on regional routes. Leading airlines have gone to courts protesting the levy. “We are considering a variety of different proposals and let’s see what pays off,” Minister of State for Civil Aviation Jayant Sinha said when asked if the government plans to lower the levy per flight.
Why is there a need to amend the AAI Act to monetise its land bank?
There is a need to amend the Act because the Act is very restrictive in terms of what is possible to do with that land. For instance, Chapter 3, Section 12 of the Act lays down what is possible for the Airports Authority to do with its land. It says establish and maintain hotels, restaurants and restrooms at or near the airports. Establish warehouses and cargo complexes at the airports for the storage or processing of goods. So, it’s very specific on what can be done with the land. It doesn’t say, for example, shopping centres, conference centres; it doesn’t say, for example, offices, commercial or multi-use complexes, training facilities. Therefore, we want to amend the AAI Act so that we can expand the amount of functions which can use AAI land.
13/02/17 Sunny Verma/Indian Express
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Why is there a need to amend the AAI Act to monetise its land bank?
There is a need to amend the Act because the Act is very restrictive in terms of what is possible to do with that land. For instance, Chapter 3, Section 12 of the Act lays down what is possible for the Airports Authority to do with its land. It says establish and maintain hotels, restaurants and restrooms at or near the airports. Establish warehouses and cargo complexes at the airports for the storage or processing of goods. So, it’s very specific on what can be done with the land. It doesn’t say, for example, shopping centres, conference centres; it doesn’t say, for example, offices, commercial or multi-use complexes, training facilities. Therefore, we want to amend the AAI Act so that we can expand the amount of functions which can use AAI land.
13/02/17 Sunny Verma/Indian Express
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