With the central government looking at privatisation of airports, the Tamil Nadu government has taken a policy decision that it should have a share in the revenue realised by the former while transferring the airport. “Therefore, a decision has been taken that in the event, the state government acquires and transfers the lands to Airports Authority of India free of …
The civil aviation department of the Uttar Pradesh government on Thursday signed a lease agreement with the Airports Authority of India pertaining to about 318 acres to build an airport in Ayodhya. Chief Minister Yogi Adityanath said the Ayodhya District Administration will provide another 86 acres required for the construction of the Maryada Purushottam Shri Ram International Airport soon. The …
The Airports Authority of India has earned approximately ₹ 30,069 crore till 2020-21 from its joint venture airports or public private partnership airports that are being run by private entities, Minister of State for Civil Aviation V.K. "The AAI has accrued approximately ₹ 30,069 crore from its joint venture airports/public private partnership airports run by private entities till financial year …
The Archery Association of India on Wednesday got back the Government recognition after almost eight years. The Union Sports Ministry informed its decision to the AAI, which was suspended on December 7, 2012 due to “failure to conduct its elections in accordance with the National Sports Development Code of India, 2011.” Following years of internal disputes, the AAI elections conducted …
The Union Cabinet on Wednesday approved a proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership for a period of 50 years. Adani Enterprises had won the rights to run six airports including these three, the other three being Lucknow, Ahmedabad, Mangalore through the PPP model after a competitive bidding process in February 2019. In July …