Business Standard

Govt spending Rs 14,500 crore on airports before 'privatising' them

The government had earlier stated that it would be spending Rs 25,000 crore on all airports across India

airports, passengers, flight, air travel
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Of the six airports won in a competitive bid by the Adani group, the government had earmarked over Rs 2,500 crore for their ‘upgradation and expansion between 2017 and 2020.

Sai Manish New Delhi
With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to ‘monetise’ them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players.

The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host

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