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petitioner is an a2,1thorit'y, which is substarit:ially financed by the State Government. They. also in the statement. of objections. have given the finances provided 'p.3g.t_he'rFiriva&te Promoters and by the State Promoter_s.__f'~--AC:cording"GIQ them, the State Promoters have Rs.434.94 Crores which would cost. They would also has been granted exclusive prrv_il'ege under the concession Agreement. Government of india on to them. it falls withinthGe"a:rfibitl::bi' s:u'b}'c1auuse's"l{ii} of Section 2(nn) of AAI Act. '1'hey.ltvou«1.di"-§u.1~'ther contend the order passed by the Cornniissionithat the so caiied lease is more in the l nat,ure._'-of risk cap'i't,ai in financial parlance as quasi equity. since no interest is subordinate to the loans given Banks. Thus, they would contend that the petitioner BIAL is a public authority and it has been A' -..su}:1st.ant1aily financed by the Government. so as to attract ll ..,_.the provisions of RTI Act. They would justify the order W ,,/.7 the Commission for importing the definition of 'Substantially financed' as stated in the CAG Aetf-.Even otherwise, they would contend that meaning of "substantially financed" would that the provisions of the Act also refer t.o the Various agrC.€iT1ent.s:e'nt.ered.'lV--into the petitioner as well as the other'entrep'reneurs:.3

submits that the AAI Act. 1994 was amended pursuant to amendment: Act 43 of 2003 and it was to bring about greater "operational and maxmgerial independence" as stated in the statement, reasons of 2003 Amendment Act. Insofar definition of substantial funding if the CAG Act is concerned, he definition of "substantially would operate in different' ffHCom.miss1on couid not have V1'e1ied_V_onA.__th__e"iifiefinition to hold that ti1eff"peti};f:on;§>::"'i is'afisubstvantially financed by the State. the CAG Act is not in pari mateifia with 'Act. Thus, the meaning of if"""snbstafitia1'}yA financed" as defined in CAG Act. is not Vi??gisi.:~~last contention would be that all Public Interest V___v'i11fo*rn1ation reiating to BIAL is already .0."4"'--.v:at{ai1ab1e---if to the public and can be accessed by a._Aa;o'p1"ofaching the information officer of KSIIDC. Thus.