Union Cabinet could approve privatisation of 6 airports in subsequent assembly, as Centre units deadline

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New Delhi: The Union Cabinet is prone to take resolve on the privatisation of six airports in its subsequent assembly. The Cabinet could approve for privatisation of Amritsar, Indore, Ranchi, Trichy, Bhubaneshwar and Raipur airports.

While Varanasi, Amritsar, Indore, Bhubaneswar and Trichy airports function worldwide flights, Raipur at present handles solely home flight operations.

According to sources, the federal government desires to approve privatisation of six airports earlier than August 15. The bidding course of will start after approval from the Cabinet. 

The authorities had began the privatisation means of 12 state-run airports in November 2018. In the primary part, the choice was taken to privatise these six airports; Ahmadabad, Mangalore, Lucknow, Guwahati, Thiruvananthapuram and Jaipur. 

The Adani Group had emerged as the best bidder for all of the six airports from the primary part. 

In May 2020, the Prime Minister’s Office (PMO) took a evaluate assembly of the Divestment and privatisation standing and it directed that inside three months, the method of privatisation of the remaining six airports should be accomplished.