City
Epaper

Around 10 airports to be privatised in third round of privatisation: Govt

By ANI | Published: February 04, 2021 8:22 PM

The government on Thursday announced that a maximum of ten airports will be privatised in the third round of airport privatisation.

Open in App

The government on Thursday announced that a maximum of ten airports will be privatised in the third round of airport privatisation.

"In the third round (of airport privatisation) six to ten airports are going to be privatised," Ministry of Civil Aviation (MoCA) Secretary Pradeep Singh Kharola told media here.

"The Airports Authority of India is examining the possibility of selling loss-making airports along with a profitable one. AAI is examining the possibility of giving non-profitable airport and profit-making airports as a package. The airports will be given to the private sector," Kharola said.

Earlier, the government has approved to privatised 12 airports to the private players in the second round.

The government also indicated that "there are around 20 to 25 airports in the country that can be privatised in the coming days."

During the presentation of Budget 2021-22, Finance Minister Nirmala Sitharaman had said that the next lots of airports will be privatised in tier 2 and 3 towns and cities, adding that the airports will be monetised for operations and management concessions.

"Seven port projects worth more than Rs 2,000 crore will be offered by major ports in a public-private partnership model, in FY 2021-2022, to move to a model where private partners will manage operations of ports," she had said.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Air India ExpressNirmala SitharamanMinistry Of Civil AviationUnion ministry of civil aviationNirmala seetharaman
Open in App

Related Stories

NationalKarnataka Deputy CM DK Shivakumar Criticizes Centre, Thanks Nirmala Sitharaman for Admitting Delay in Drought Relief Funds

NationalMinistry of Civil Aviation Seeks Detailed Report From Vistara Amid Over 100 Flight Cancellations and Delays

BusinessMonetary Tightening Measures By RBI Stabilised G-sec Yields, Contributed To Investor Confidence In Indian Economy: Nirmala Sitharaman

National"I Don't Have Money To Contest Lok Sabha Elections": Nirmala Sitharaman Opts Out of General Elections

NationalFinance Minister Nirmala Sitharaman Exhorts Indian Inc To Align Itself With Goal of Viksit Bharat by 2047

National Realted Stories

National‘Modi Brigade’ seeks support from Muslim women voters in UP

InternationalChina's Gold Rush: Surging Demand Lifts Prices to Record Highs

NationalLS poll campaign: PM Modi to hold public meetings in Odisha, Andhra today

NationalIBDP Question Paper Leak: Students Accused of 'New-Age Cheating' by Sharing Exam Questions on Social Media

NationalEx-SP MLA booked in UP for breach of trust, criminal intimidation