PSU IN MEDIA
Govt to introduce Bill to amend AAI Act says Sinha
NEW DELHI. Government is in the process of introducing a Bill to amend the Airports Authority of India (AAI) Act that would allow for optimal utilisation of land, the Rajya Sabha was informed today.
The national civil aviation policy envisages unlocking the potential of commercial usage of the airport land by liberalising the end-use restrictions, Minister of State for Civil Aviation Jayant Sinha told the Rajya Sabha.
AAI manages 125 aerodromes, including civil enclaves. "The Ministry of Civil Aviation is in the process of introducing a Bill in Parliament for amending the relevant provisions of the Airports Authority of India Act, 1994," Sinha said in a written reply. DNA
Read Also : Canara Bank Q4 results, Net Profit up by 18.33% YoY
News Must Read
- Canara Bank Q4 results, Net Profit up by 18.33% YoY
- BPCL signs agreement with Noida International Airport
- Indian Bank Q4 results, net profit up by 6 percent on Quarter basis
- PSU Stocks tumbled amid RBI draft circular on lenders
- Paytm share price plunges 4% as president and COO Bhavesh Gupta resigns
- GAIL Global USA and Kinder Morgan Operating LLC signed MOU
- SJVN signs agreement with Tata Power RE for 460 MW Renewable Energy Project
- Keel Laying of the First Next Generation Offshore Patrol Vessel At Goa Shipyard Ltd
- REC Ltd received NOC to set up wholly owned subsidiary in Gift City, Gujarat
- Atanu Chakraborty Reappointed as part-time Chairman of HDFC Bank