Saturday, November 24, 2018

Group of secretaries formed to see through privatisation of 6 airports

New Delhi: The government, worried over its past failures to implement key decisions in the aviation sector such as privatisation of Air India, has formed an empowered group of secretaries to ensure that the privatisation of six airports doesn’t fall through the cracks.
“The empowered group of secretaries will ensure that all issues are resolved for a successful completion of the privatisation process,” said a senior government official, who did not want to be identified. The panel will be headed by NITI Aayog CEO, and will have secretaries of aviation, expenditure and economic affairs as its members.
The Cabinet had during the first week of November approved privatisation of six airports – Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru – on a Public-Private Partnership (PPP) basis.
This was decided after the Airports Authority of India (AAI) failed to award airports in Jaipur and Ahmedabad on operations and management, as they could not find enough takers. Similarly, the aviation ministry also did not find takers for Air India, where the government was trying to sell 74% to a private player.
24/11/18 Mihir Mishra/Economic Times

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