"It is surprising that government has selected those airports to hand over to private hands which have substantial commercial activities and earn higher revenue, and already huge investments have been made by the Government through AAI for renovation and modernisation," CITU General Secretary Tapan Sen said.
The process would start with inviting global bids for six airports Kolkata, Chennai, Ahmedabad, Jaipur, Lucknow and Guwahati, he said, adding the AAI has spent Rs 3,700 crore in modernisation and renovation of Kolkata and Chennai airports, and also spent thousands of crore of public money for modernising other 13 airports.
"Is the government entitled to fritter away public asset like that?"
He ridiculed Civil Aviation Ministry's argument in support of its "retrograde move" that such an exercise would improve the management of the airports.
"Will those wise people say which agency in the country is having more exposure and experience of managing and running airports other than the AAI?" he said.
"The Ministry officials have also reportedly stated that they were not being allowed to work at a fast pace and hence let the private players rule on public asset and earn fortune without making any capital investment," Sen said.
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