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Delhi, Mumbai airport modernisation contract by year end

     New Delhi: The Indian Government plans to award the contract for the modernisation of New Delhi and Mumbai airports by the end of 2005, a senior official said. India had set up a ministerial panel to oversee the privatisation of huge airports in Delhi and Mumbai to help cope with the surge in air travel. Civil Aviation Secretary Ajay Prasad told reporters in New Delhi that the panel's queries have been looked into and a decision has to be taken within three months. "As far as our reaction to this is concerned, I said during our preliminary discussions these facts were placed before the committee. The honourable committee has made certain observations, we are studying these observations and as required under parliamentary procedure we have to, within three months, furnish an action taken report to the parliament. We will be doing so within the time limit," Prasad said.

      India had set up a ministerial panel to oversee the privatisation of the two airports to help cope with the surge in air travel. The airports are India's most profitable, but shabby by international standards, and privatisation will help them upgrade without the government having to provide any money. Potential bidders include Germany's Fraport AG and Singapore's Changi Airport as well as consumer durables firm Videocon International Ltd. The modernisation involves building a new international terminal at New Delhi and a domestic terminal at Mumbai at an estimated cost of over 35 billion rupees. The government aims to set up two joint venture companies to hold the leases to operate the two airports and is offering 74 percent stakes in them. Foreign firms can hold up to 49 percent of the operating companies, while private Indian companies -- including domestic financial institutions -- must hold at least 25 percent.
- Aug 31,  2005

Travelling abroad is no more an impossible dream for Indians   (Go To Top)
by Lokendra Singh

     Jaipur: Travelling abroad is fast becoming possible for ordinary folk. The reasonable air fares and attractive tour packages have made it possible. This is evident from the significant rise in the number of people from India touring other countries during the past one year. More than five million Indians have enjoyed their holidays offshore in the year 2004 . Merzban Mojoo, Area Director, Singapore Tourism Board, says it is likely there would be a 20 per cent growth over 2004 in 2005. The aggressive marketing by foreign countries, economical tour packages and increase in corporate or business trips has been responsible for the increase.

     "There are a lot of factors that attract people to Singapore. The first thing is shopping. Singapore being a shoppers' paradise. There is a lot of attraction for children like - night safari - which is the only night safari," says Mojoo. "Dubai is another destination. You will find everything, you will find desert, you will find the sea, you will find all wild bodies in the water park. The park meant for children. So people come here not only for shopping but also for honeymoon. It's a very good combination," says Gunjan, a tour operator from Dubai. The present trend shows that this year around 6.5 million Indians are expected to visit Dubai."We feel that we will enjoy there and we will get a kind of satisfaction," says Sunita, another visitor.

     The Indian tourist destinations like Goa, Rajasthan and others are facing tough competitions from south-east countries like Malasiya and Singapore as visiting these countries costs the same amount of money. One can fly to Dubai, Singapore or Malasiya with a starting package of 16,000/- rupees for two nights which is almost equal to the amount to be spent to visit tourist places within India.
- Aug 27,  2005

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