(a) whether the Union Government have received a request from Malabar International Airport Development Society in Kerala to direct the Airports Authority of India to remit the loan of Rs.55 crores taken for the developmental activities of Calicut airport to HUDCO; and
(b) if so, the action taken in this regard?
THE MINISTER OF CIVIL AVIATION (SHRI SHARAD YADAV)
(a) :- Yes, Sir.
(b) :- Airports Authority of India (AAI) will repay the
interest free loan received from Malabar International
Airport Development Society (MIADS) as per the repayment
schedule agreed in the Memorandum of Understanding signed
between AAI and MIADS.