As Govt Approves Airport Leasing, Delhi-Based Law Firm Questions Move Amid Covid-19 Fallout
The government approved the proposal for leasing out Guwahati, Thiruvananthapuram and Jaipur airports through the public-private partnership model.
Even as the government has approved the proposal for leasing out of three Airports Authority of India (AAI)-run airports, what is to be seen is how effectively and efficiently would it be able to complete the process especially during the coronavirus pandemic, a Delhi-based law firm has said. On Wednesday, Union Environment Minister Prakash Javadekar announced that the government has given its go-ahead to lease out Guwahati, Thiruvananthapuram and Jaipur airports through public-private partnership (PPP).
related stories
"After the success of Delhi and Mumbai airports, what needs to be seen for the future airports privatisation is how effectively and efficiently would the government be able to complete the process especially during the pandemic," said Poonam Verma, partner, J Sagar Associates, said. Initiating a process and not finishing it add to the uncertainty for the successful bidder, which should be avoided, Verma added.
Also Watch:
She said it has been observed that revenue share payments have been getting delayed from time to time, making it difficult to actively take up the future privatisation process. Verma also added this must be sorted by the government with clear implications, incentives or disincentives in place to tackle such payments.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI)- First Published: