Tuesday, March 16, 2021

Even after stake sale, Delhi, Mumbai airports will generate revenue for AAI: Hardeep Singh Puri

Civil Aviation Minister Hardeep Singh Puri said that even after the stake sale, Delhi airport and Mumbai airport will continue to generate revenue for the Airport Authority of India. Puri said this in response to a tweet by Congress leader Rahul Gandhi who criticised the government over reports that it is planning to sell the residual stake held by AAI in four airports including Delhi, Mumbai, Hyderabad and Bengaluru airports.

"Mumbai airport shares 39% & Delhi shares 46% of their gross revenue with the govt. These two airports have generated Rs 29,000 cr till 31 Dec 2020. Even after the stake sale, @AAI_Official will continue to receive this share which will be used to develop aviation infrastructure," said Puri in a series of tweets.

He said, referring to Rahul Gandhi, "Political leaders, specially those who aspire for governance, should acquaint themselves with facts. People of New India who earlier wanted a railway station in their town now don't just want an airport, but want an international airport (sic)."

Puri added that privatisation is a way to raise resources in order to fulfill the aspiration of citizens without imposing new taxes. He said that the four airports for which concern is being raised were privatised/constructed during the Congress regime.

The minister said that the Prime Minister Narendra Modi-led government has the target of developing 100 more airports in Tier 2 and 3 cities. He said that routes connecting 56 underserved and unserved airports including five heliports and two water aerodromes were made operational in the last seven years.

16/03/21 BusinessToday.In

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