Modi govt bats for privatisation of 6 more airports

Agencies
October 19, 2019

New Delhi, Oct 19: Undeterred by staff protests, the Civil Aviation Ministry would seek Cabinet approval for privatising half a dozen more airports by the first week of December.

The six airports up for privatisation are Varanasi, Amritsar, Bhubaneswar, Trichy, Indore and Raipur.

"The Airports Authority of India (AAI) board has approved the plan. We will seek in-principle approval of the Cabinet now. Once it is approved, the bidding process would start," said an official source.

The Ministry hopes to complete the bidding process by the end of this financial year.

The move to bid out more airports to private companies has come close on the heels of government privatising six airports. Gujarat-based Adani Enterprises was the highest bidder for all the six airports. While the Union Cabinet has approved leasing out of three airports - Ahmedabad, Lucknow and Mangaluru - to Adani, the other three airports - Jaipur, Guwahati, and Thiruvananthapuram - are currently on hold due to some pending issues. In case of all the airports, the lease period is 50 years.

Defending the government decision to privatise more airports, an official said that AAI would get more revenue as a result of this and focus on the development of smaller airports.

"The six airports which are being leased out generated a combined profit of Rs 220-250 crore for the AAI. After privatisation, the AAI would get Rs 900-1,100 crore in a year without making any expense," the official said.

It, however, may be noted that government, for the last two years, has been making claim over the AAI's almost entire profits requiring the state agency to part with it as dividend.

Unionised staff of AAI has been protesting against government move to privatise airports fearing job losses and early retirement. They staged a sit-in at Jantar Mantar in the Capital to protest against the government move.

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News Network
March 26,2020

Panaji, Mar 26: Three persons, all with travel history abroad, tested positive for coronavirus in Goa on Wednesday, health department officials said, as the tourist haven joined the states which have reported COVID-19 cases.

This is the first time the tourist state has reported coronavirus positive cases.

The Directorate of Health Services, in a late night press statement here, said three suspected cases of COVID-19 from Goa, whose test results were awaited, have turned out positive.

All three are male patients of ages 25, 29 and 55 years. They have travel history of returning to Goa from Spain, Australia and the USA, respectively, the officials said.

The condition of the trio, admitted in Goa Medical College and Hospital near here, is stable, the officials added.

Chief Minister Pramod Sawant said the state is providing the best healthcare facility to the diagnosed patients.

I have been informed by the state Directorate of Health services that three individuals have been tested positive for #COVID19 in Goa.

"We are providing the best healthcare facility to the diagnosed patients, he said.

Their condition is stable at present. e have also traced their contacts and are quarantining them, Sawant added.

Health Minister Vishwajit Rane said the government is taking all precautions and following guidelines related to the viral infection.

In view of the three positive coronavirus cases in Goa, we are following all guidelines laid down by the central government and taking all precautions with the support of chief minister Pramod Sawant, he said.

Our testing facility will be up and running in the next two days. Our team of doctors is doing its est to make sure we contain the spread of virus in the state, Rane added.

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News Network
April 6,2020

New Delhi, Apr 6: Prime Minister Narendra Modi on Monday said India's efforts to combat coronavirus have set an example and it is among countries which understood the pandemic's seriousness and took various timely decisions to combat the virus.

Addressing BJP workers to mark the 40th foundation day of the party, he also appreciated the maturity shown by people during the lockdown, describing it as  unprecedented.

"We got to see our collective strength on Sunday evening," he said referring to the countrywide exercise to switch off lights and illuminate diyas for nine minutes to show India's collective strength to fight the deadly virus.

He also urged BJP workers to follow a five-point agenda, including working to ensure that no poor goes hungry.

He asked them to follow the guidelines issued by party president J P Nadda.

Fight against coronavirus is no less than war, Modi said, asking BJP workers to donate and encourage others to contribute to the PM-CARES fund.

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News Network
March 5,2020

Mumbai, Mar 5: Jet Airways founder Naresh Goyal and few others have been booked by the ED in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday.

They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a recent Mumbai Police FIR filed against him.

The Enforcement Directorate carried out raids at Goyal's premises in Mumbai on Wednesday and also questioned him after filing the case, they said.

The action is continuing, they added.

The Mumbai Police FIR pertains to charges of alleged fraud by Goyal and others against a Mumbai-based travel company.

Goyal has earlier been grilled by the central probe agency in a case filed under the Foreign Exchange Management Act (FEMA) in September last year.

The agency had carried out similar raids, under the FEMA, in August last year against Goyal, his family and others.

ED has alleged in the past that the businessman's empire had 19 privately-held companies, five of which were registered abroad.

The agency is probing charges that these firms allegedly carried out “doubtful” transactions under the guise of selling, distribution and operating expenses.

The ED suspects that expenses at these companies were allegedly booked at fake and high costs and as a result, they “projected” huge losses.

Alleged shady aircraft lease transactions with non-existent offshore entities are also under the ED scanner and it is suspected that Jet Airways made payments for lease rental to “ghost firms”, which purportedly routed the ill-gotten money in Goyal's companies.

A full-service carrier, Jet Airways shut its operations in April last year after running out of cash.

A month earlier, Goyal had stepped down as the chairman of Jet Airways.

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