Airport sale caught in the file trap

PM's Promises-II

 

 Take-off is a term the government does not seem to be acquainted with when it comes to privatisation of airports. Modernisation of metro airports through private participation was first talked about in 1998 by Prime Minister Atal Bihari Vajpayee.

 The intent was oft repeated and in the Budget for 2003-04, Finance Minister Jaswant Singh outlined a Rs 3,500 crore upgradation plan for the Delhi and Mumbai airports. But the process has only hit air pockets till now. The civil aviation ministry is yet to move a concrete proposal on the issue to the Cabinet.