Government exploring policy contours for "merchant airports"
16 May 2007
The idea has received a welcome by civil aviation minister, Praful Patel, who has stated that the government would take a "very positive view" of any such initiative. The initiative is dependent on a private party having the required land, and the necessary wherewithal to set up such a project.
The meeting on Wednesday, sources said, was primarily designed to gauge industry interest in the proposal. It would also explore the contours of a possible policy for such projects.
The ministry is exploring new ideas as almost all airport expansion projects have been facing problems over land acquisition.