Six more Airports to be auctioned for Private Participation

New Delhi, May 16 : The Central Govt has decided to go for auction for prive participation in Six More Airports in the Country.

In her Press Conference, Finance minister Nirmala Sitharaman has announced that six more airports will be auctioned for private participation. Also, an additional investment of Rs 13,000 crore will be made by private players in 12 airports auctioned in first and second rounds.

The Finance Minster also said tax regime for aircraft Maintenance, Repair and Overhaul (MRO) has been rationalised. Aircraft component repair and airframe maintenance are expected to increase from Rs 800 crore to Rs 2,000 crores in three years, FM added.

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