News details
Narendra Modi calls meet to set targets for infrastructure
The Economic Times 2018-07-25 16:14:57
NEW DELHI: Prime Minister Narendra Modi has called a meeting to discuss and set targets for infrastructure ministries, as his government enters the last year of its term. “The Prime Minister’s Office has called a meeting on August 2 to fix targets for housing and infrastructure ministries. The ministries will share their plans in the presence of the Prime Minister,” an aviation ministry official said, speaking on the condition of anonymity. The meeting is taking place at a time when airlines are complaining about infrastructure constraints at airports that they claim are hurting their growth plans. The aviation ministry, which has also been called for the meeting, is likely to share plans that include building and upgrading airports through public and private funding across the country to increase their capacity. The plans include upgrading airports in a manner that leads to improvement in efficiency of the existing infrastructure. The ministry is also likely to share details of the Airports Authority of India’s (AAI) proposal to invest Rs 20,000 crore to build and upgrade airports over a period of four years. “We are already working on our plan to build and upgrade airport infrastructure. Infrastructure development takes time and results of the plan will start showing in a couple of years,” said a senior AAI official, who did not want to be identified. AAI is also considering building 375 new parking bays at airports based on the aircraft induction plans of Indian airlines. The airport capacity creation is not just limited to investments by the AAI. A substantial part of the investments is to come from the private sector, which is set to build new airports in Greater Noida, Navi Mumbai, Goa and Pune, among others. Plans are also to build a second airport in Kolkata and in Chennai. Local airlines complain that they were unable to add new flights due to infrastructure deficit at airports. Key airports of Mumbai and Delhi are only offering slots between 11pm and 5 am for new services. Pune and Goa are not offering slots for any new flights in the daytime. Bengaluru, Chennai and Kolkata do not have any new slots at peak timings — 6-10 am and 5-9 pm. Airports in towns and small cities such as Jaipur, Jammu, Srinagar and Patna are also not offering desirable slots.