The Bihar cabinet on Friday approved acquisition of an additional 89.75 acres of land for expansion and development of the Darbhanga airport into an international one. The council of ministers also gave its nod for acquisition of 139 acres of land worth Rs 207 crore for the expansion of Raxaul airport in the state, an official said. These decisions were taken in the cabinet meeting chaired by Chief Minister Nitish Kumar here. Talking to reporters soon after the meeting, Additional Chief Secretary S Siddharth said, "The cabinet approved a proposal for the acquisition of 89.75 acres of land worth Rs 244.60 crore for the development and expansion of the existing Darbhanga airport into an international airport. The state government will pay the amount to the owners of the land... land will be transferred to the Airport Authority of India for the project". The development and expansion of the existing Darbhanga airport will improve air connectivity and benefit the people of the entire .
The aim is to raise $24 billion in the current April-March fiscal year and re-invest the funds in the companies
Officials said the model of bidding will be distinctly different from the process followed for Delhi and Mumbai airports.
Airport investment terms need to be made more attractive
No bids have been submitted for operation of terminals at Ahmedabad and Jaipur airports