CABINET GIVES NOD TO PRIVATE MANAGEMENT OF SIX MORE AIRPORTS

NEW DELHI: The Union cabinet on Thursday gave its approval for privatization of the management of six airports, including those in Jaipur and Ahmedabad. The government’s experience of managing five airports in Delhi, Mumbai, Bengaluru, Kochi and Hyderabad through private participation has been encouraging and has led it to adopt a similar method in managing six more airports, law minister Ravi Shankar Prasad said. The Union cabinet has given... “in-principle approval for leasing out six airports of AAI (Airports Authority of India) viz. Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru for operation, management and development under PPP through (the) Public Private Partnership Appraisal Committee,” he said.