Draft Policy on aviation infrastructure referred to GoM
Prime Minister's Committee on Infrastructure (CoI) on Thursday referred to a Group of Ministers the draft policy on creation of greenfield airports and related aviation infrastructure.
By PTI |
NEW DELHI: Prime Minister's Committee on Infrastructure (CoI) on Thursday referred to a Group of Ministers the draft policy on creation of greenfield airports and related aviation infrastructure.
At a meeting of the CoI chaired by Prime Minister Manmohan Singh, it was decided that the Group comprising Finance Minister P Chidambaram, Civil Aviation Minister Praful Patel and Planning Commission Deputy Chairman Montek Singh Ahluwalia would go into the details of the proposed policy and send it to the Union Cabinet for its approval, official sources said.
The Civil Aviation Ministry had about a week ago finalised the draft policy on airports, laying down guidelines for state governments, private investors and the Airports Authority of India.
An estimated Rs 40,000 crore is required to build airport infrastructure in the country during the 11th Plan period in the wake of the burgeoning air traffic.
Emphasising public-private partnership route in the development of airport infrastructure, the draft policy proposes to dispense with the mandatory approval of the Centre in all cases of greenfield airports, barring those where the project proposal was not in conformity with it.
Certain functions like air traffic services, security, customs and immigration would continue to be performed only by central agencies and a company seeking a license to build an airport will have to obtain clearances from them.
State governments planning to set up greenfield airports could either set them up by themselves or establish a joint venture company for the purpose. They would also have to consider issues like grant of land, real estate development right, airport connectivity and fiscal concessions to such airport firms under the proposed policy.
At a meeting of the CoI chaired by Prime Minister Manmohan Singh, it was decided that the Group comprising Finance Minister P Chidambaram, Civil Aviation Minister Praful Patel and Planning Commission Deputy Chairman Montek Singh Ahluwalia would go into the details of the proposed policy and send it to the Union Cabinet for its approval, official sources said.
The Civil Aviation Ministry had about a week ago finalised the draft policy on airports, laying down guidelines for state governments, private investors and the Airports Authority of India.
An estimated Rs 40,000 crore is required to build airport infrastructure in the country during the 11th Plan period in the wake of the burgeoning air traffic.
Emphasising public-private partnership route in the development of airport infrastructure, the draft policy proposes to dispense with the mandatory approval of the Centre in all cases of greenfield airports, barring those where the project proposal was not in conformity with it.
Certain functions like air traffic services, security, customs and immigration would continue to be performed only by central agencies and a company seeking a license to build an airport will have to obtain clearances from them.
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State governments planning to set up greenfield airports could either set them up by themselves or establish a joint venture company for the purpose. They would also have to consider issues like grant of land, real estate development right, airport connectivity and fiscal concessions to such airport firms under the proposed policy.
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