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Airport sale returns to go into new fund

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Amrita Dhar New Delhi
Last Updated : Feb 15 2013 | 8:54 AM IST
 Officials said earnings from the disinvestment of the Delhi and Mumbai airports, like the concession fee and share in revenue, would form the corpus of the fund.

 The proceeds from the divestment of other airports could also be directed to the fund. Later, the fund could be financed through an airport cess or a subsidy from the Centre. The officials said the Naresh Chandra Committee was also likely to make a similar recommendation.

 

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First Published: Dec 08 2003 | 12:00 AM IST

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