‘Tirupati and Vijayawada among six airports in A.P. that may be privatised’
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Member of the Parliamentary Standing Committee on Transport, Tourism, and Culture Margani Bharat on Thursday said that the proposed Airports Economic Regulatory Authority of India (Amendment) Bill, 2021, was primarily supposed to privatise the loss-making airports below the Airports Authority of India (AAI).
Speaking on the assembly chaired by Standing Committee Chairman and MP T.G. Venkatesh in New Delhi, Mr. Bharat mentioned, “The airports, including Vijayawada and Tirupati, will be privatised with the amendment. How can these two airports be privatised after investing nearly ₹950 crore on their modernisation and expansion?”
“The amendment will enable privatisation of six loss-making airports in Andhra Pradesh by handing them over to the private players either through bunching or pairing after the Bill becomes an Act,” Mr. Bharat, who’s Rajamahendravaram MP, mentioned.
“In Gujarat, nine airports, including the ones at Surat, Vadodara, and Rajkot, have reported losses. I do not think that there will be any move to privatise these airports. Strengthening the AAI appears to be a robust solution to register better results,” mentioned Mr. Bharat.
He additional mentioned that the Bill was towards the rules of NITI Aayog, which mandates that no more than two airports ought to be given to the personal developer in any State.
“The idea of bundling the airports and handing them over to the private players will be against the existing policies of the AAI and the Government of India,” he added.
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