Delhi, Aug.18: The Union Cabinet is likely to take up the matter of privatization of six airports including Amritsar, Indore, Ranchi, Trichy, Bhubaneshwar, and Raipur in its next meeting on Wednesday.
After the cabinet approval, the bidding process will begin soon.
The Ministry of Civil Aviation has already sent a Cabinet Note and the approval is just a formality.
This comes three months after the Prime Minister’s Office (PMO) directed privatization of these airports within three months. The meeting held in May to review the divestment and privatization status with the PMO directing the process for Cabinet approval to completed within three months.
The three-month deadline ended on August 15 and the first Cabinet meeting after it will be held on August 19.
Aviation Ministry has already sent the Cabinet Note. The approval of the Cabinet led by Prime Minister Narendra Modi is just a formality which can be given in the Wednesday meeting or the one after that.