Survey lauds PPP model of airport development

Public-private partnership in the development of airports has been flagged as “one of the significant achievements” in the civil aviation sector, in the Economic Survey 2014-15.
The Survey, which was tabled in Parliament on Friday, points out that the PPP model has led to a significant improvement in infrastructure and in collection of revenue. The Survey points out that there has been a “healthy increase” in international passengers and cargo handled at Indian airports during 2014-2015.
“During April-December 2014-15, 10.13 crore domestic passengers and 3.67 crore international passengers were handled at Indian airports,” the Survey states.
It adds that domestic passenger traffic throughput increased by 7.1 per cent while international passengers increased by 10.3 per cent during April-December 2014-15 as compared to the same period in the previous year, the Survey points out.
Source: http://www.thehindubusinessline.com

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