The Centre has proposed to implement the new civil aviation and tourism policy in May. The Ministry will take a decision on the controversial 5/20 rule in the new policy.
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Civil Aviation Ministry gives ´site clearance´ for 4 airports
The Ministry of Civil Aviation has given in-principle approval for a greenfield airport in Gujarat as well as site clearance for four airports in Andhra Pradesh and Rajasthan this year.
Delhi, Mumbai airports collect over Rs.10,000 cr fee
Delhi and Mumbai airports have collected more than Rs.10,139 crore in user development and passenger fees till Dec 2015 since their privatisation in 2006-07.
Private players to spend Rs.1,839 cr on four airports
Successful bidders for developing Chennai, Kolkata and two other domestic airports, through public private partnerships, should spend at least Rs 1,839 crore towards mandatory capital works at these locations