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Thursday, 7 April 2016

Centre to develop 25 regional airports: Jaitley

To improve air connectivity, Union minister Arun Jaitley on Tuesday said the government plans to develop 25 regional airports.
"This year I have set a target of having 25 more regional airports," Jaitley said.
Speaking at a conference here, the finance minister also emphasized the need for having long-term funding for infrastructure.

He said the government is looking to develop 15 airstrips owned by the state governments and 10 that are with the Airports Authority of India (AAI).
There are around 160 airstrips that are lying unused, he said while talking about the steps taken by the government for infrastructure development in the country.
According to the minister, AAI would be able to fund itself from the money coming from Delhi and Mumbai airports.
The international airports in the national capital and Mumbai are run through public private partnerships, where AAI is a stakeholder.
Further, Jaitley said the operation and management of some developed airports could be given to private players.
To Read the News in Full 05/04/16 PTI/The Times Of India
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