VIABILITY GAP FUNDING
UDAN: Government expects Rs 300 crore annually from levy on airlines
To partly raise money for viability gap funding requirement under the UDAN (Ude Desh ka Aam Naagrik) scheme, the civil aviation ministry has been collecting the levy since December 2016.
UDAN: Trust set up to disburse viability gap funds
AAI is the nodal agency for the scheme -- UDAN -- that aims to connect un-served as well a...
Assam plans to subsidise airfares to Southeast Asia
The modalities of the programme are still being worked out, but are likely to be similar ...
Pension, insurance funds can finance infrastructure: Amitabh Kant
VGF is one-time grant by the government to public-private-partnerships in the infrastructure sector to fill the funding gap to make projects commercially viable.
NHAI to get power to speed up Bharatmala programme
"The NHAI board would be empowered to approve all engineering procurement and construction and hybrid annuity projects,” the official said.
DoT plans viability gap funding for BharatNet to speed up project
Cost has also swelled by almost 70 per cent from the initial approved Rs 20,100 crore, with a panel recommending Rs 72,000 crore overall spend, besides inclusion of private players.
NITI Aayog suggests tax sops, viability gap funding for eco-labelled products
The Aayog has sought suggestions on the policy paper, following which it will finalise the green procurement policy.
Yogi Adityanath’s big air-connectivity plan for three prominent centres
At present, there is no flight from the state capital Lucknow to PM Modi’s Lok Sabha constituency Varanasi or Gorakhpur — CM Adityanath’s constituency — or vice versa.
Air India’s Jaipur-Agra flight suffering losses
A direct Air India flight was started between Jaipur and Agra in December 2017 under the Regional Connectivity Scheme with the hope that foreign tourists would use it to complete the golden triangle.
No fixed limit for viability gap funding in regional air connectivity plan: Aviation Minister
The scheme to connect under-served airports provides for gap funding to the participating airlines, which will be funded by the Centre and the state government concerned.
Government tweaks regional air connectivity scheme UDAN
In the second bidding round that started today, smaller aircraft will be allowed to operate RCS flights in priority areas, including NE and Uttarakhand.
Cabinet okays ethanol projects' funding
Under the scheme, called the Pradhan Mantri JI-VAN Yojana, Rs 1800 crore has been allocated for supporting 12 commercial projects.
Govt mulls higher VGF for planes with less than 20 seats
To compensate the operators, the Civil Aviation Ministry would be providing viability gap funding -- which would be partly raised by way of a fixed levy on planes flying in major routes.
Solar tariff drops to an all-time low of Rs 4 a unit
Earlier in January, the solar power tariff had touched a record low with Finland-based energy firm Fortum Finnsurya Energy quoting Rs 4.34 a unit to bag the mandate to set up a 70-MW solar plant under NTPC’s Bhadla solar park tender.
Govt notifies 2% excise duty on jet fuel at airports under Regional Connectivity Scheme
Civil Aviation Ministry had also said that the central government would only levy an excise duty of 2 per cent on ATF at the RCS airports for three years.
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