Centre favoured GMR in Delhi airport deal: CAG

New Delhi: A report by Comptroller and Auditor General of India (CAG) has blamed the Centre for favouring the GMR in the Delhi airport deal.
The CAG report says the deal has led to losses in taxes and damages to passengers worth Rs 3,750 crore. The report also says losses from exploitation of land and airport charges at Rs 350 crore.
It also says Delhi International Airport got undue benefits worth Rs 3,400 crore by charging development fee.
It says 239 acres of land was given for commercial use at a one time payment of Rs 31 lakh and an annual payment of just Rs 100. The CAG report says the current value of the land is around Rs 24,000 crore.
09/08/12 CNN-IBN/IBN Live

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Categories: airports Aug 2012