Even as the government has promised to improve ease of doing business, it has decided to limit the role of private investors in developing airports infrastructure in India. The NDA government has decided to take forward the previous regime’s proposal to develop no-frills airports by creating assets utilising its own resources. As far as brownfield airports are concerned, the government has opted to award operations and maintenance contracts to private sector entities, starting with two airports in Jaipur and Ahmedabad. The proposal to develop, operate and maintain airports in Kolkata and Chennai on public-private partnership (PPP) basis was shelved recently. Even as industry experts have raised concerns over capital inflow in the sector, given the latest spate of decisions, senior officials in the Ministry of Civil Aviation informed that considering the modernisation programme for 35 key airports across the country have already been concluded, the focus would now be to improve efficacy of operations by awarding management contracts to private players.
20/09/15 Sharmistha Mukherjee/Indian Express
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20/09/15 Sharmistha Mukherjee/Indian Express
