Govt Estimates At Least ₹8,622 Crore Private Investment In 11 Airports
Seven years after India privatized six airports, the department of economic affairs has given an in-principle approval to privatize 11 airports, including Varanasi, Amritsar and Bhubaneswar. In a departure from previous rounds, the current plan is to club a larger or profitable airport with a smaller or loss-making one, minutes of a 4 August meeting of the Public Private Partnership Appraisal Committee (PPPAC) showed.
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