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Dec 2006

CCEA approval for new terminal at Ahmedabad airport

     New Delhi: The Cabinet Committee on Economic Affairs (CCEA) today gave the go-ahead for the construction of a new international terminal building at Ahmedabad airport by the Airports Authority of India (AAI). The construction will be carried out at an estimated cost of Rs.290.92 crore with a foreign exchange component of Rs.27.35 crore in two phases-- Phase I - Rs.195.92 crore and Phase-II Rs. 95.00 crore). On completion of the project, the capacity of the international terminal at the peak hour passenger traffic will enhance to 800 Arrivals and 800 Departures. The Phase-I project is expected to be completed in 18 months. The CCEA also gave its approval for sanction of estimated expenditure of Rs.1221 crore for construction of 8955 houses and other community facilities for the tsunami affected people of the Andaman and Nicobar Islands. Another important decision take by the committee at its meeting here today was fixing the SMP of sugarcane for the 2007-08 sugar season at Rs.81.18 per quintal for a basic recovery rate of nine per cent subject to a premium of Rs.0.90 for every 0.1 percentage point increase in the recovery above that level. The decision was taken on the recommendations of Commission for Agricultural Costs and Prices (CACP).
-Dec 21, 2006