The Union Cabinet recently gave its approval for leasing out six airports namely Lucknow, Ahmedabad, Jaipur, Mangaluru, Trivandrum, and uline{1cm} for operating, managing and developing under the Public Private Partnership (PPP) model.

2018

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Union Cabinet recently gave its approval for leasing out six airports namely Lucknow, Ahmedabad, Jaipur, Mangaluru, Trivandrum, and _________ for operating, managing and developing under the Public Private Partnership (PPP) model.

A	Goa
B	Chennai
C	Kochi
D	Guwahati

Explanation:

Detailed explanation-1: -The AAI has leased out eight of its airports under PPP for operation, management and development on a long term lease basis. A total of 25 airports have been earmarked for leasing over the years between 2022 and 2025, Minister of State, Civil Aviation, Gen V.K.

Detailed explanation-2: -Traditionally, airports were owned, managed and operated by governments but there has been a worldwide trend towards increasing private sector involvement to varying degrees, including through the use of public-private partnerships (“PPPs”).

Detailed explanation-3: -Airports Authority of India (AAI) was constituted by an Act of Parliament and came into being on 1st April 1995 by merging erstwhile National Airports Authority and International Airports Authority of India.

Detailed explanation-4: -GMR Goa International Airport Limited (GGIAL), a subsidiary of GMR Airports Limited (GAL), developed New Goa Manohar International Airport at Mopa in North Goa. This Airport Project is based on the Public Private Partnership (PPP) model, on a Design, Build, Finance, Operate and Transfer (DBFOT) basis.

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