Ministry of Civil Aviation has proposed a new transaction structure for future greenfield airports proposed under Nabh Nirman to boost investment in aviation sector.
About:
Background: NABH Nirman initiative was first announced in Union Budget of 2018.
Objective: To expand the airport capacity more than five times to handle a billion trips a year under.
Approach: Focus will be on airport upgradation. For this a large percentage of the investment is to come from the private sector.
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