Faced with criticism that the privatization of airports for profit is burdening the AAI with economically unviable airports and fostering a monopoly in the sector, the Center plans to rewrite the policy
Topics
privatization of airports | Mumbai Airport | Adani Companies
Faced with criticism that the for-profit airport privatization policy is burdening the Airports Authority of India (AAI) with economically unviable airports and fostering monopoly in the sector, the Center plans to rewrite how airports have been privatized. airports in the country.
In the next round of privatizations, unviable airports are likely to be paired with six major airports and a potential bidder may be restricted to bidding for two airports. The government is in the final stages of developing airport privatization rules in Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and …
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First Post: Monday, Sep 28, 2020 6:10 AM IST
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