Airport Privatisation -- Crash Landing ?
If the Left parties have their way, the Airport privatisation may crash land before it takes off.
The Hindu Business Line reports that " The Left parties have asked the Government to consider adopting the `greenfield route' for the development of the airports in Delhi, Mumbai and other important cities.The four Left parties — CPI (M), CPI, AIFB and RSP — have expressed their "firm opposition" to any unilateral decision to privatise the Delhi and Mumbai airports. The letter points out that in the absence of consensus pursuant to the consultation with the employees and in the light of alternative plan submitted by the employees, the best option was to speed up the modernisation of these airports through AAI instead of wasting time in going through a privatisation or joint venture route.The Government is following the joint venture route for modernisation and restructuring of the two metro airports in which the Airports Authority of India (AAI) will have a minority stake.
The letter, opposing the move to privatise the two metro airports, comes days before the empowered Group of Ministers (e-GoM) is scheduled to meet to take a final decision on who should be chosen as the successful bidder for restructuring and modernising the two airports."
Ironically this comes just a day after the FM emphasized the need for better Infrastructure to achieve higher GDP growth.
If the Left parties have their way, the Airport privatisation may crash land before it takes off.
The Hindu Business Line reports that " The Left parties have asked the Government to consider adopting the `greenfield route' for the development of the airports in Delhi, Mumbai and other important cities.The four Left parties — CPI (M), CPI, AIFB and RSP — have expressed their "firm opposition" to any unilateral decision to privatise the Delhi and Mumbai airports. The letter points out that in the absence of consensus pursuant to the consultation with the employees and in the light of alternative plan submitted by the employees, the best option was to speed up the modernisation of these airports through AAI instead of wasting time in going through a privatisation or joint venture route.The Government is following the joint venture route for modernisation and restructuring of the two metro airports in which the Airports Authority of India (AAI) will have a minority stake.
The letter, opposing the move to privatise the two metro airports, comes days before the empowered Group of Ministers (e-GoM) is scheduled to meet to take a final decision on who should be chosen as the successful bidder for restructuring and modernising the two airports."
Ironically this comes just a day after the FM emphasized the need for better Infrastructure to achieve higher GDP growth.
posted by Cogito at
9:33 PM
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