Govt to invest Rs 25k cr to develop civil aviation sector
AVIATION & AIRPORTS

Govt to invest Rs 25k cr to develop civil aviation sector

The Government of India has announced an investment of around Rs 25,000 crore on the development and enhancement of the Civil Aviation sector in the coming 4-5 years.

Vijay Kumar Singh, the minister of State in the Ministry of Civil Aviation, informed that the government took various measures for improving the Civil Aviation sector by giving high-class infrastructure amenities to the country.

He told the media that the Airports Authority of India (AAI) took the responsibility to invest nearly Rs 25,000 crore in the upcoming 4-5 years to modify and expand existing terminals, new and strengthen the existing runaways, Airport Navigation Services (ANS), technical blocks, among others, to reach the estimated growth in the aviation division.

Singh revealed that the government has allowed establishing 21 Greenfield Airports across the country. Currently, six Greenfield airports are operating: Durgapur in West Bengal, Kannur in Kerala, Orvakal in Andhra Pradesh, Kalaburagi in Karnataka, and Pakyong in Sikkim.

He also informed that the government is promoting private players to invest in new and existing airports by the public-private partnership (PPP) and under the Regional Connectivity Scheme (RCS): Ude Desh ka Aam Nagrik (UDAN).

As of 27 July, 2021, 359 routes have started linking 59 unserved airports, including two water airports and five heliports.

The minister told the media that the government helped airlines by several policy measures with the purpose to enhance their global competition like creating a favourable aircraft leasing and financing environment, taxes rationalism, efficient use of bilateral traffic rights and improving air navigation amenities.

Due to the Covid-19 Pandemic and continuous lockdowns, the aviation sector has faced the most severe effects, as countries suspended international flights because of the rise in the number of cases.

Image Source


Also read: Govt to expand Puducherry Airport - K Lakshminarayanan

Also read: Haryana government to invest Rs 946 cr for Hisar Airport

The Government of India has announced an investment of around Rs 25,000 crore on the development and enhancement of the Civil Aviation sector in the coming 4-5 years. Vijay Kumar Singh, the minister of State in the Ministry of Civil Aviation, informed that the government took various measures for improving the Civil Aviation sector by giving high-class infrastructure amenities to the country. He told the media that the Airports Authority of India (AAI) took the responsibility to invest nearly Rs 25,000 crore in the upcoming 4-5 years to modify and expand existing terminals, new and strengthen the existing runaways, Airport Navigation Services (ANS), technical blocks, among others, to reach the estimated growth in the aviation division. Singh revealed that the government has allowed establishing 21 Greenfield Airports across the country. Currently, six Greenfield airports are operating: Durgapur in West Bengal, Kannur in Kerala, Orvakal in Andhra Pradesh, Kalaburagi in Karnataka, and Pakyong in Sikkim. He also informed that the government is promoting private players to invest in new and existing airports by the public-private partnership (PPP) and under the Regional Connectivity Scheme (RCS): Ude Desh ka Aam Nagrik (UDAN). As of 27 July, 2021, 359 routes have started linking 59 unserved airports, including two water airports and five heliports. The minister told the media that the government helped airlines by several policy measures with the purpose to enhance their global competition like creating a favourable aircraft leasing and financing environment, taxes rationalism, efficient use of bilateral traffic rights and improving air navigation amenities. Due to the Covid-19 Pandemic and continuous lockdowns, the aviation sector has faced the most severe effects, as countries suspended international flights because of the rise in the number of cases. Image Source Also read: Govt to expand Puducherry Airport - K Lakshminarayanan Also read: Haryana government to invest Rs 946 cr for Hisar Airport

Next Story
Real Estate

We are executing data-centre projects in MMR region: Paradigm Realty

Certain areas of Mumbai showcase tremendous opportunity for redevelopment, as Parthh K Mehta, CMD, , explains. He speaks about his company’s plans for this region, adherence to quality, use of technology and its strategies and plans for data centres and further expansion going forward. Excerpts:According to a Knight Frank India report, there's been a noteworthy rise in property registrations in Central and South Mumbai and Bandra and Worli showcase the opportunity for redevelopment. Does the group have any plans for this region? We recognise that Mumbai as a city is continuall..

Next Story
Real Estate

Windows to world

India’s current crop of tall and super tall buildings has an advantage over predecessors: openable windows. Codal provisions and ensuing market developments are behind this change. “Until a decade or so ago, we lacked designs and products enabling openable windows for glass façades,” explains Rajan Govind, Director, Facade+Construction Tech Specialist, BES Consultants. “It is only more recently that the National Building Code 2016 has released detailed façade requirements, which make openable windows mandatory.”The National Building Code 2016 mandates 10 per cent openable..

Next Story
Real Estate

New Terminal Building – Kolhapur Airport

On 10 March 2024, Prime Minister Narendra Modi officially inaugurated the new terminal building at Kolhapur Airport. The terminal is part of a broader development initiative valued at about Rs 2.56 billion, which includes the construction of the terminal, runway extensions, new apron and parking bays. Designed by Gian P Mathur Architects & Planners (GPM), the terminal's architecture draws inspiration from Kolhapur’s heritage and has earned a four-star GRIHA rating.Design and featuresDiscussing the design brief, Anil Shinde, Kolhapur Airport Director, Airports Authority of India (AAI), sa..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000