Business News

The Airport Circus

There's only one way to straighten out the mess in airportprivatisation, and that is to call in fresh bids all over again.

Kumarkaushalam

Exactly a day after this magazine goes to press, the empoweredGroup of Ministers (EGOM), headed by Union Defence Minister PranabMukherjee, will meet in Delhi to decide the fate of privatisation ofDelhi and Mumbai airports. About 10 days earlier, the Civil AviationMinister, Praful Patel, had expressed hope that the group would takea decision one way or another. There's no doubt that overhauling theairports of India's two most important cities is long overdue. Infact, the Airports Authority of India (AAI) had …