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Recent Current Affairs related to PPPAC

1 News
29 August 2026 NATIONAL

The Public Private Partnership Appraisal Committee (PPPAC), chaired by Anuradha Thakur, Secretary of the Department of Economic Affairs (DEA), has approved the third round of privatization of 11 airports across 5 airport bundles.

The total investment by the private concessionaires to take over the operations of these airports is estimated at ₹8,622 crore.

Under the PPP model, these airports will be leased for a concession period of 50 years.

The private concessionaires are required to retain 60% of the employees of the Airports Authority of India (AAI) for a maximum period of 3 years.

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