India’s national auditor CAG has castigated the government for mishandling the privatization of the New Delhi airport. In a long-awaited report released last month, the auditor said the government had leased out the airport’s land at well below market value. New Delhi’s Indira Gandhi International Airport has been operated by Delhi International Airport Limited (DIAL), a public-private partnership, since 2006. DIAL’s lead investor is Indian infrastructure group ...

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