The government is planning to start a massive airport building project, in a move to handle the rush in Indian skies. The project would mean 100 new airports in the next 10 years, preparing the country to handle one-billion air trips per year.
The plan, Nabh (NextGen Airports for Bharat) Nirman, roughly outlined by Finance Minister Arun Jaitley in his Budget speech, will entail an expenditure of Rs 2 trillion and will see India easing its regulations to attract global airport construction companies as well as a possible public listing of the Airports Authority of India (AAI).
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