Airports economic regulator for 784 charge cut at Delhis IGI

first_imgAERA, however, said the implementation of the proposal will be done once the Delhi International Airport Ltd (DIAL) submits fresh rate slabs for its approval.DIAL is a joint venture between the Airports Authority of India (AAI) and GMR group with 26 per cent and 74 per cent holding, respectively.“The Authority notes that DIAL has proposed an X factor of negative (-) 42.6 per cent in its revised submission… whereas the Authority has worked out an X factor of (+) 78.24 per cent. Accordingly, the Authority finds that the existing aeronautical tariffs at IGI Airport, Delhi, will need to be reduced by such an extent,” the paper said. Also Read – I-T issues 17-point checklist to trace unaccounted DeMO cashThe Authority shall pass an order in the matter only after considering the submissions of the stakeholders as per the provisions of the AERA Act, it said. The tariffs for Delhi Airport were last revised in 2012 when AERA allowed DIAL to hike charges by 346 per cent as against 775 per cent sought by the private operator.The proposal, when actually implemented, will come as a big relief to the flyers, who currently may have to shell out up to Rs 550 for domestic journeys and up to Rs 1,270 for international flights towards airport charges, which include landing and parking charges and a user-development fee. Also Read – Lanka launches ambitious tourism programme to woo Indian touristsThe International Air Transport Association (IATA) has often termed Indian airports as being the “most expensive” ones. Describing the reduction in charges as a “positive” move, IATA said it would be big relief to air travellers. “This is a positive development. AERA’s proposal of an X-factor of +78 per cent will translate into reduced charges at Delhi airport.“That will be a welcome relief for airport users who have been impacted by the over 340 per cent increase in airport charges since 2012,” IATA Regional Vice President for Asia Pacific, Conrad Clifford, said in a statement. He, meanwhile, said that IATA was still waiting for the tariffs for the second control period, which should have been determined 10 months back.last_img read more

First International Kala Mela to feature over 800 artists

first_imgWitness an amalgamation of art and artists under one roof as the Lalit Kala Akademy makes the first move by inviting over 800 artists from across the globe for their International Kala Mela. To inaugurate the event, M. Venkiah Naidu, Vice President of India, along with Dr Mahesh Sharma, Minister of Culture lighted the lamp at Indira Gandhi National Centre for the Arts, New Delhi (IGNCA) on February 4. On the auspicious occasion, M.Venkaiah Naidu, talked on Indian art, culture and its values. He stated, “Different language, different couture, yet it’s one country. Unity in diversity is India’s speciality.” Also Read – Add new books to your shelfThe first of its kind in the country, this Kala Mela does not just provide a platform for artists from abroad, it also showcases art and celebrates various cultural forms of India.Dr Mahesh Sharma, Minister of Culture also addressed the attendees on the occasion. He said, “India’s recognition is in its dense culture. Presence of the Vice President on the occasion of the inauguration of first International Kala Mela is an expression of his desire to spread the fragrance of India’s diverse culture in each corner of the world.” Also Read – Over 2 hours screen time daily will make your kids impulsiveThe Minister of Culture also congratulated CS Krishna Setty, Administrator, Lalit Kala Academy and his entire team for organizing such a great fair.”This is for the first time that the Akademi has planned the International Kala Mela at such a large scale. It is going to prove a boon to especially those artists who cannot afford to exhibit their works of art in private art galleries. With a firm commitment to the art fraternity, the Kala Mela will be a great delight to observe the paradigms of the contemporary nuances of the modernistic trends in art,” said Setty in his welcome speech. The inauguration ceremony was followed by folk dance presentation by Karunadasa Olaboduwa Dance Troupe, Sri lanka and ‘Sargam’ Kathak recital by Pandit Harish Gangani’s team, India.With a total of 325 exhibition stalls, this festival, which has participants coming from countries like China, Venezuela, Peru, Portugal, Sri lanka, Poland, Tunisia, Mexico, Bangladesh, Trinidad Tobago, Fiji, France, Papua New Guinea, Czechia, UK, Spain and Brazil, will be open for public till February 17.last_img read more