Have you read these stories?

Clock's ticking on Vodafone Idea to find a way to survive

A Vodafone Idea collapse could have negative impacts on not just the telecom, but on banking as well.


Feb 19, 2020, 08.39 AM IST



Union Budget: 100 new airports to be developed under UDAN scheme

This is in line with the government's commitment to promote domestic travel and include those areas which haven't been connected so far. This is a part of the national infrastructure plan.

Aviation Ministry to launch Krishi Udan scheme for transport of agri-products: FM

Finance Minister Nirmala Sitharaman on Saturday said the Av...

HAL gets modification document from DGCA for upgraded Dornier-228 civil aircraft

HAL on Thursday received the modification document from the ...

  • Finance minister Nirmala Sitharaman announced the plans to set up five new smart cities on PPP model and 100 more airports to be set up by 2024 to support UDAN scheme and allocated Rs 1.7 lakh crore to transportation. Cement manufacturers association said the emphasis on infrastructure development will go a long way to revive cement demand.

    The agreement was signed under the centres Regional Connectivity UDAN (Ude Desh Ka Aam Nagrik) Scheme, a press release from GMR said on Monday. GHIAL is expected to start the airport operations in the first week of February 2020 with the operations of one daily flight connecting Bidar with Bangalore.

    “Air traffic has been growing rapidly in the country as compared to global average. One hundred more airports would be developed by 2024 to support Udaan scheme. It is expected that the air fleet number shall go up from the present 600 to 1200 during this time. I propose to provide about Rs 1.70 lakh crore for transport Infrastructure in 2020-21,” Sitharaman announced.

    Finance Minister Nirmala Sitharaman on Saturday said 100 more airports will be developed by 2025 to support the UDAN scheme.

    President Ram Nath Kovind on Friday exhorted people to use locally manufactured products for a "better tomorrow" as he reiterated the government's commitment to make India a USD 5 trillion economy.

    In a bid to improve connectivity, the government will also focus on creation of new highways, waterways, airways and I-ways (IT infrastructure), the President said addressing the joint sitting of both houses of Parliament, on the first day of the Budget session

    Indira Gandhi Rashtriya Udan Academy (IGRUA), the pilot training institute that was the brainchild of former Prime Minister Rajiv Gandhi, will soon be in private hands with the Modi government deciding to privatise it.

    Hyderabad-based regional carrier TruJet on Friday commenced its daily flight operations from Belagavi to Tirupati, Mysuru and Hyderabad under the government's regional connectivity scheme UDAN, a release from Civil Aviation Ministry said.

    "We will take complete responsibility if some untoward incident happens and not go about giving excuses. Even as the minister should not be taking blame for anything happening in the entire country, I will not shun from taking responsibility. However, I disagree that India is highly unsafe for women tourists," said minister of state for culture & tourism.

    Under the UDAN scheme, financial incentives in terms of concessions from the Centre, state governments and airport operators are extended to selected airlines to encourage operations from unserved and undeserved airports, and keep airfares affordable.

    The airline said that Agra will be the fifth city in Uttar Pradesh to be connected by IndiGo. The airline already operates flights to and from Allahabad, Gorakhpur, Lucknow and Varanasi. The airline will operate daily non-stop flights on Agra-Bangalore route, effective March 05, 2019.

    The Vir Surendra Sai (VSS) Airport in Jharsuguda was earlier included under UDAN-3. Earlier this year, commercial flight service was initiated from Veer Surendra Sai Airport at Jharsuguda to six cities of the country under the third phase of UDAN scheme.

Load More...

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service