The Union cabinet today approved a private partnership with six of the country's airports, together with Mangalore, to change them to control a lot of with efficiency in terms of maintenance and safety. Law Minister ravi shankar Prasad told the media once the cabinet meeting chaired by Prime Minister Narendra Modi that he had given the theoretical consent to private partnerships in Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangalore airports.
The PPP Approval Committee has advised that it's acceptable to hand over the operation, maintenance and development responsibility of those airports to Public-Private Partnership (PPP). This content was placed before the contents of the matter once its overhaul. The monetary empowerment team, headed by corporate executive, Secretary of the Commission, Secretary of the Ministry of External Affairs, Secretary of the Department of Economic Affairs and Department of paying, has reviewed many months. there's a desire to upgrade the present system. All airports need to be promoted to the best level. A team of specialists has prompt that modernization would be easier if personal corporations be a part of hands with the government.
In infrastructure development projects, the PPP will be able to enhance investments in the public sector and provide efficient service delivery, expertise, industry and professionalism.
Many of the country's airports, including Bangalore and Delhi, are in PPP format, with their performance rising to world class. It is the government's intention to get the rest of the stations.
India's PPP-type Indian airports are ranked 5th in the world ranking by terms of service quality. Public-owned stations have been ranked in this list.