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Our Bureau

New Delhi, May 23

Assocham has urged the Government to lease out at least 200 airstrips and airports to private airport developers to give them a shape of merchant airports. Out of the 450 such airstrips and airports that the country has, leasing out 200 would attract Rs 20,000 crore private investment and save the economy a loss of Rs 200,000 crore per annum to transport cargo on feeder routes.

In a note submitted to the Ministry of Civil Aviation, the chamber said about 200 airstrips and smaller airports are under-utilised and each of them can fetch the Government a revenue of Rs 100 crore on an average.

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