DIAL’s dues to govt for CISF mount on delay in passenger fee revision

Delhi International Airport Ltd (DIAL), the GMR-owned operator of the Delhi airport, has not made payments to the home ministry over the last seven months in lieu of the deployment of Central Industrial Security Force (CISF) manning the airport, resulting in mounting dues of over Rs 120 crore. The private operator has cited delays by the Centre in revising upwards the passenger service fee (PSF) paid by users of Indian airports as the reason for stalling payments.
State-owned Airports Authority of India (AAI) registered a shortfall of Rs 120 crore in PSF collected at airports against salary payments it had to reimburse to the Ministry of Home Affairs (MHA) for CISF personnel providing security at its airports in the last financial year. Shortage of funds collected from PSF, says executives with DIAL, has forced it to stall payments to the MHA for the last seven months.
The hold-up in disbursements by DIAL has not affected salaries of CISF personnel as it is paid by the government, but it remains unclear how it would be reimbursed for outstanding dues of around Rs 150 crore that has piled up so far.

Comments

Popular posts from this blog

COVID-19 impact: Indian aviation sector may lose $4 billion in FY21, says CAPA India

GE, Rolls Royce, Pratt & Whitney : Who Rules the Engine Market?

For aviation, Covid could be the next 9/11