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Top news of the day, February 20, 2021

“We recently liberalised geospatial data. If we could have done this 10 years back, it is likely that Google would have been made in India, not outside. The talent is Indian but the product is not,” he said at the sixth meeting of the Governing Council of NITI Aayog. A Bench headed by the environment watchdog’s Chairperson, Justice A.K. Goel, said it prima facie agreed that OIL failed to take safety precautions and there was need for ensuring such incidents do not recur.

Why The Next Round Of Airport Privatisation Will Be Different

Why The Next Round Of Airport Privatisation Will Be Different by Satyendra Pandey - Jan 20, 2021 06:56 AM A plane landing at the Chhatrapati Shivaji Maharaj International Airport, Mumbai (Image: Association of Private Airport Operators) Snapshot With these upcoming privatisations, nearly 66-68 per cent of India’s travelling passenger flows will fly out of airports under a PPP model. Yet, for this new wave of privatisation to deliver stated outcomes — a rethink of several aspects will be required. The pandemic notwithstanding, at the end of 2020, the Government of India signalled its intentions towards the next round of privatisation. This time, 12 airports are likely to be in the list. There have also been indications that the privatisation bids will be solicited where the airports could come coupled as six packages of two airports each.

New port law to open floodgates for privatisation of operational cargo berths

Government floats PPP model for dredging projects at major port trusts

Government floats PPP model for dredging projects at major port trusts January 02, 2021 Dredging industry sceptical of the move The Government has floated the concept of undertaking channel deepening and maintenance works at major port trusts through the public-private-partnership (PPP) mode. “A PPP model may be worked out for dredging projects with the hybrid model of combining the capital dredging with maintenance dredging for 10-20 years,” according to the draft dredging guidelines for major port trusts prepared by the ministry of ports, shipping and waterways. “The revenue share between major ports and PPP operator may be the bidding parameter for floating the PPP projects. The existing PPP operators of the berth may share proportionate cost based on the volume of cargo handled along with the berths operated by the major ports themselves,” says the draft prepared by the ministry and circulated for public consultation.

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