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AAI Receives Rs 2032 cr from Leased Airports: Govt

Newsmantra — Fri, 09 Aug 2024 07:26:05 +0000

Airports Authority of India (AAI) has received a total of ₹2,032 crore in passenger fees from private partners operating six airports leased out in 2019. The airports were leased out to Adani group under the Public Private Partnership (PPP) model for 50 years to improve operations, management, and development. Additionally, AAI has received an upfront fee of ₹2,758 crore from the private partners for capital expenditure. The National Monetisation Pipeline has earmarked 25 AAI airports for leasing over the years 2022 to 2025. The country has 157 operational airports with a capacity to handle over 530 million passengers per annum.

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Master plan for mega Ports

Newsmantra — Wed, 06 Dec 2023 05:13:43 +0000

Six port clusters out of which four port clusters i.e. Cochin – Vizhinjam Port cluster, Galathea South Bay Port, Chennai -Kamarajar –Cuddalore Port cluster, Paradip and Other Non-Major Ports cluster with capacity of more than 300 Million Tonnes Per Annum (MTPA) and two port clusters i.e. Deendayal and Tuna Tekra Port cluster, Jawaharlal Nehru – Vadhavan Port cluster with capacity of more than 500 MTPA are to be developed as Mega Ports by the year 2047. The activities to be undertaken by Major Ports for augmentation of capacity and improving infrastructure are included in the Maritime AmritKaal Vision, 2047. The works for Infrastructure enhancement and capacity augmentation in the Major Ports are already under progress through Public Private Partnership (PPP) mode and also through internal resources.

This information was given by the Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal in a written reply to the Rajya Sabha today.

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100 Private Trains will be allowed

Newsmantra — Thu, 12 Mar 2020 06:00:02 +0000

An indicative list of over 100 origin-destination pairs for operation of passenger train services by the private entities, under Public-Private Partnership (PPP) mode, has been uploaded on the websites of NITI Aayog and Indian Railways, along with the draft Request for Qualification and draft Concession Agreement, for seeking comments from stake holders.

Indian Railways Catering and Tourism Corporation (IRCTC) is operating Tejas Express train on the New Delhi-Lucknow sector w.e.f. 04.10.2019. During the period 04.10.2019 to 31.10.2019, IRCTC has earned an approximate amount of ₹ 7.73 lakh, as operational earning, by operation of the said Tejas Express.

Indian Railways offers various kinds of train services to cater to the need of a diverse set of passengers. Trains like Gatimaan Express, Vande Bharat Express, etc. are provided with augmented facilities and are popular among the premium segment. Trains like Rajdhani Express, Duronto Express, Shatabdi Express etc. offer fully reserved accommodation and facilitate the long distance and inter-city passengers.

Further, other Mail Express trains and Antyodaya train are operated for the benefit of general passengers including those travelling on unreserved tickets. The fare of Sleeper and Second Class is highly subsidised and as a part of its Social Service Obligation, fare concessions are offered to various categories like Senior citizens, freedom fighters, Students, Divyangjans etc. even in the reserved classes.

Consequently, on an average, Indian Railways recovers only 57% of cost of travel. The scope and scale of trains operated over Indian Railways, which carries about 23 million passengers on a daily basis cannot currently be compared with the New Delhi-Lucknow Tejas Express being operated by IRCTC, in which fare is generally higher as compared to similar services on Indian Railways and no concession is admissible. However, systemic improvements over Indian Railways is a continuous and an ongoing process.

This press release is based on information given by the Minister of Railways and Commerce & Industry, Shri Piyush Goyal in a written reply to a question in Lok Sabha today

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