https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

AAI Achieves ‘Excellent’ Rating with 94.50 Score in MoU 2023-24

The MoU, formulated as per DPE guidelines, emphasises key financial parameters such as revenue growth, capital expenditure, return on capital employed, and asset turnover ratio. Additionally, sector-specific performance indicators for CPSEs were integral to the evaluation process.
Indian Masterminds Stories

The Airports Authority of India (AAI) has secured an ‘Excellent’ rating with an impressive score of 94.50 out of 100 in the MoU assessment for 2023-24, conducted in collaboration with the Ministry of Civil Aviation. This remarkable achievement has been accomplished under the leadership of AAI Chairman Vipin Kumar.

The Department of Public Enterprises (DPE) officially conveyed AAI’s rating, highlighting its outstanding performance. The MoU, formulated as per DPE guidelines, emphasises key financial parameters such as revenue growth, capital expenditure, return on capital employed, and asset turnover ratio. Additionally, sector-specific performance indicators for CPSEs were integral to the evaluation process.

The agreement also incorporates several compliance aspects aligned with government priorities, including procurement from micro and small enterprises (MSEs) owned by SC/ST and women entrepreneurs, as well as corporate social responsibility (CSR) initiatives.

AAI’s investment of ₹5,335 crore in capital projects during the year contributed to significant improvements in airport infrastructure and technology, enhancing operational efficiency. The ‘Excellent’ rating reflects AAI’s commitment to elevating passenger experience and sets a strong foundation for future expansion.


Indian Masterminds Stories
Related Stories
NEWS
UPPCS PSC New
UP DPC Meeting to Promote 27 PCS Officers to IAS Cadre; Central Govt Allocates Rs 236 Crore for Home Guard Reimbursement
Surendra-Singh-Yadav IPS
IPS Surendra Singh Yadav Appointed Deputy Inspector General in BSF, Relieved from Chandigarh DGP Post
President Droupadi Murmu resized
President Droupadi Murmu Lauds RBI's 90-Year Journey, Emphasizes Innovative Financial Ecosystem for Viksit Bharat 2047
Jammu&Kashmir
48 Officers Transferred Across J&K in Major Bureaucratic Reshuffle, Md Ashraf Sheikh Made ADC, Awantipora
NHPC_resized_2
NHPC to Begin Investment in 750-MW Kuppa Pumped Storage Project in FY26
Coal Production (resized)
India's Coal Production Surpasses 1-Billion Tonne Milestone for FY 2024-25, Shows 4.99% Growth
Government of Tripura
Supreme Court Petition Calls for Urgent Appointment of DGP in Tripura Amid Rising Security Concerns
IAS-Ramvir
IAS Ramvir Appointed Addl Secy for Information & Public Relations, Punjab
Videos
Padmapani Bora IRS
The Rise of Assam as India’s Most Exciting Tourist Spot | Exclusive with IRS Padmapani Bora
Sajjan Yadav, IAS
The Policy Maker Who Turned India’s Vaccine Story and UPSC Struggles into Bestsellers
WhatsApp Image 2025-03-21 at 14.33
Training The Cops In Mastering The Technology Used By Criminals
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
UPPCS PSC New
UP DPC Meeting to Promote 27 PCS Officers to IAS Cadre; Central Govt Allocates Rs 236 Crore for Home Guard Reimbursement
Surendra-Singh-Yadav IPS
IPS Surendra Singh Yadav Appointed Deputy Inspector General in BSF, Relieved from Chandigarh DGP Post
Videos
Padmapani Bora IRS
Sajjan Yadav, IAS
WhatsApp Image 2025-03-21 at 14.33
ADVERTISEMENT
ADVERTISEMENT