Air India is the national flag carrier airline of India. It is headquartered at New Delhi and has been owned by Air India Limited(AIL). AIL is a government-owned enterprise and the airline has its main aircraft hub at the Indira Gandhi International Airport (IGIA), New Delhi. The airline is the member of the international Airline ..
Privatization: GK, Current Affairs, Questions, Trivia and News
Privatization can be described as the transfer of state-owned enterprises (SOEs) to the private owners. SOEs in India include various public sector undertakings (PSUs), State enterprises and banks. It has been described by most economists as the need of the hour and has become a common economic policy tool around the globe. However, the increasing ..
So far, the private sector’s participation in railways has been very less in India, compared to sectors like ports, telecom, electricity, airports and roads. Several attempts have been made in the past to involve the private sector in various arenas like wagon procurement and leasing, freight trains and container operations, terminals and warehousing facilities, catering ..
The Airports Authority of India (AAI) was formed on 1st April 1995 by merging the International Airports Authority of India and the National Airports Authority with a view to accelerate the integrated development, expansion, and modernization of the operational, terminal and cargo facilities at the airports in the country conforming to international standards. Today, AAI ..