STOCK MARKET BSE NSE

Par panel criticises privatisation of AAI-developed airports

Published: 20th November 2013 03:35 PM  |   Last Updated: 20th November 2013 03:35 PM   |  A+A-

By PTI

Civil Aviation Ministry was today rapped for privatising six AAI-developed airports including Kolkata and Chennai, with a parliamentary panel today opposing the move and charging the government with doing "a great disservice" by "using public property for private profits."

Instead of giving away the airports to the private sector "on a platter", state-run Airports Authority of India (AAI) should form a subsidiary or a special purpose vehicle to grant management contracts to entities having expertise in the field, the panel recommended.

"Privatisation of airports is a great disservice being done to the country by this government. Public assets are being placed at the disposal for private operators...Undue haste is being shown in the process...we want to know from the government why it proceeded with that sort of haste as that leaves a scope for lots of issues to be interpreted," CPI(M) leader Sitaram Yechury told a press conference here.

Yechury, who is Chairman of the Standing Committee on Transport, Tourism and Culture, was talking to reporters after submitting a report on airports privatisation to Rajya Sabha Chairman Hamid Ansari here.

The report comes at a time when the process of privatising the airports at Chennai, Kolkata, Lucknow, Jaipur, Ahmedabad and Guwahati is underway.

"The Committee is dismayed that instead of strengthening AAI by giving it much needed financial and administrative autonomy to enable it to take its own decisions without being influenced/advised by either the Ministry or the Planning Commission, a decision to give our airports on platter to private parties was taken.

"The Committee fails to understand the logic behind privatising all these airports after spending tax payers' money for modernising them. The public utilities created by public fund cannot be given to private parties for commercial considerations," the report said.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp