Modernisation of existing airports and development of low-cost airports to promote air connectivity, particularly to remote and regional areas, is expected to get a boost under the new government. This may include awarding management contracts at six major airports to private sector players and development of 50 low-cost airports on a fast-track basis.
The new government would encourage participation of the private sector in such projects to tap into resources as well as expertise. An institutional framework would be established for the same, while regulators would be given greater autonomy as well as accountability.
Key projects pending with the Ministry of Civil Aviation (MoCA) as relates to the award of airport management contracts at Chennai, Kolkata, Lucknow, Guwahati, Jaipur and Ahmedabad to private operators, are expected to be taken up on a fast-track basis by the new government.
Also on the anvil is development of 50 new low cost airports by the Airports Authority of India across the states. Further, eight greenfield airports are slated for development in Navi Mumbai, Juhu, Goa, Kannur, Pune, Sriperumbedur, Bellary and Raigarh.