Privatization aims to increase passenger amenities
Civil Aviation Secretary Pradeep Singh Kharola informed that the process of privatization of 6 to 10 airports will start soon under the third phase. This time, profitable and non-profitable airports are being put together for bidding. The government believes that after privatization, passenger facilities at the airport will increase. Its aim is to provide world class facilities to the passengers. Explain that in the budget 2021 (Budget 2021), a provision of Rs 600 crore has been made to increase regional connectivity, which is 35 percent more than last year. Kharola said that AAI has raised Rs 2,100 crore from the market to meet its capital expenditure.
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Center is also in the process of privatizing ports
Like the railways and airports, the central government is now preparing for the privatization of Port Privatization. The central government plans to hand over the operations of the ports to private hands. Sources said that with this the government will raise funds and will compensate for the Fiscal Deficit. However, the government has not officially said anything about the privatization of the ports. Explain that there are 13 large ports and about 200 small ports in India’s coastal areas. The major port is operated by the central government and the small port is operated by the state governments.