The Modi government is also preparing to sell its remaining stake in the country's four busiest airports, Delhi, Mumbai, Bengaluru, and Hyderabad. The government wants to raise Rs 2.5 lakh crore by selling assets, which are already in the hands of private companies. , Still has little involvement of the Airport Authority.
In addition, the government is preparing to privatize 13 other airports, he said, adding that the issue is likely to be sent to the Cabinet for approval in the coming days.
The package will be prepared by acquiring profitable and non-profit airports to make the proposal of 13 separately classified airports more attractive, sources said, adding that the Airport Authority, which operates under the Ministry of Civil Aviation, owns and administers more than 100 airports.
The Airports Authority has a stake in the remaining 4 airports, namely Mumbai Airport 26%, Delhi Airport 26%, Hyderabad Airport 26%, and Bengaluru Airport 26%.
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