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Journalism of Courage
Eleven joint venture companies that sell coffee, snacks and other items inside the airport parking would soon have to share nearly 46 per cent of their revenues with Delhi International Airport Ltd (DIAL).
The Public Accounts Committee (PAC), in its meeting today, accepted the draft report that recommends all sub-contractors to share 45.99 per cent revenues with DIAL. This draft report is likely to be tabled in the Budget session of the 15th Lok Sabha, sources said.
“The committee are of the considered view that all sub-contractors are bound to pay 45.99 per cent of the revenue generated to DIAL in terms of Audit Report 11.1.2 of the Operations, Maintenance and Development Agreement (OMDA) and therefore recommend that all such sub-contractors are bound to pay 45.99 per cent of the revenue generated of DIAL,” reads the draft report. The report adds that the accounts of all these joint ventures may also be accessed.
DIAL, in a release, said that they “do not have access to any such report and as such DIAL is not in a position to comment on the matter.”
The move, if recommended, would mean more share of revenues for the Airports Authority of India, since the current revenue share for DIAL in its joint ventures ranges between 15 and 25 per cent. The JVs for non-aeronautical services include duty-free shops, food stalls, advertising, parking, fuel supply and cargo.
