Mumbai: Ignoring protests against rampant privatization of airports, the civil aviation ministry on Wednesday decided to go ahead with a plan formulated by the previous UPA government and called for financial transaction consultants to scout for private parties to invest in Kolkata, Chennai, Jaipur and Ahmedabad airports.
In September 2012, the UPA government had decided to allow private parties to pick up stakes in the operation and management of six airports through the public-private partnership (PPP) model. Certain sections of airport staff, trade unions and even a few airlines have been dead against privatization through PPP ever since. Airports Authority of India (AAI) staffers in Mumbai and other parts of the country form a chunk of this group.
Last month, the AAI top rung had invited Request For Qualification (RFQ) from domestic and overseas private firms to hand over the management, operation and development of the four airports.
26/02/15 Daily News & Analysis
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In September 2012, the UPA government had decided to allow private parties to pick up stakes in the operation and management of six airports through the public-private partnership (PPP) model. Certain sections of airport staff, trade unions and even a few airlines have been dead against privatization through PPP ever since. Airports Authority of India (AAI) staffers in Mumbai and other parts of the country form a chunk of this group.
Last month, the AAI top rung had invited Request For Qualification (RFQ) from domestic and overseas private firms to hand over the management, operation and development of the four airports.
26/02/15 Daily News & Analysis
