Wednesday 6 June 2012

International airports for Coimbatore, Tiruchi


As part of the detailed exercise undertaken to finalise targets for key infrastructure sectors for the fiscal, work on the Itanagar airport is to be started by the Airports Authority of India and the total investment in AAI projects will be Rs. 2,100 crore. This apart, three new greenfield projects will be awarded during the fiscal and these airports are to be located at Navi Mumbai, Goa and Kannur (Kerala).
Alongside, new international airports will be declared in three or four of the locations this year, namely Lucknow, Varanasi, Coimbatore, Tiruchi and Gaya.
“An airline hub policy would be finalised and hubs would be operationalised in Delhi and Chennai in FY13. By end-July 2012, additional PPP projects would be finalised for 10-12 existing airports and for 10-12 greenfield airports. These would be awarded during the year,” the statement said while noting that PPP (public-private partnership) in airport operations would be explored.
At a meeting held here with the Ministers and Secretaries of the key infrastructure Ministries of Power, Roads, Shipping, Civil Aviation and Coal, Prime Minister Manmohan Singh on Wednesday expressed satisfaction over the detailed exercise undertaken to finalise the targets.
“We are all aware of the need to give a major push to these important sectors and today's exercise is a part of our efforts in this direction.” The global economy, he said, was passing through difficult times and there was “a flight to safety” taking place globally. Besides, the persistent problem of rising international petroleum and commodity prices and rising domestic demand along with supply-side bottlenecks contributed to inflationary pressures.
“In these difficult times, we must do everything possible to revive business and investor sentiment. We must work to create an atmosphere which is conducive to investment and to removing any bottlenecks to growth. We as a government are committed to taking the necessary measures to reverse the present situation and revive India's growth story. We are aware that we have to act on multiple fronts to achieve this and we will indeed do all that is required of us,” he said.
http://www.thehindu.com/todays-paper/tp-national/article3499177.ece

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