"I am a strong supporter of public sector. When the government gives you (public sector unit) funds, you should give results... It is very difficult for the government to do it alone. Private sector should be involved" in developing aviation infrastructure, he said at a conference organised by the Airports Authority of India's (AAI) Officers' Association.
An organisation which does not give results cannot exist in a competitive environment, the Minister of State in the Prime Minister's Office said while delivering the valedictory speech at the conference -- 'DISHA-2013: Indigenisation of communications, navigation and surveillance (CNS)' to mark the first CNS Officer's Day.
Referring to the airline industry, Narayanasamy said private Indian companies were tying up with global carriers to bring in an atmosphere of competition, without referring to proposed ventures like Tata-Singapore Airlines or AirAsia India.
In this context, he also stressed that Air India needed to improve its performance and come on par with world airlines as passengers' expectations had gone up.
Narayanasamy said AAI had the capability to build world class airports as they have done in Chennai and Kolkata "but should adhere to the time-schedule and avoid cost overruns".
He also complimented AAI for introducing new technologies which had led to a decline in the accident rate in the past couple of years. "This is a great achievement."
India should also not lag behind in technological innovations and hence private sector should collaborate with the state-run industries to develop new technologies and "set benchmarks on par with international standards," he said.
The two-day conference, which was also addressed Union minister Praful Patel and top Civil Aviation Ministry officials, concluded today.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)