UDAN Scheme Faces 60% Cut
ECONOMY & POLICY

UDAN Scheme Faces 60% Cut

Amidst the unveiling of the Budget 2024, the UDAN (Ude Desh ka Aam Nagrik) scheme, aimed at enhancing regional connectivity, is under strain. Allocations to the scheme have seen a significant 60% reduction, impacting the development of regional aviation routes across the country.

The reduction in funds for UDAN raises concerns about the government's commitment to bolstering regional air connectivity, a crucial aspect of enhancing accessibility and economic growth. Industry experts express worries over the potential implications for smaller airports and underserved regions, as the scheme's cut may hinder the expansion of flight networks.

Amidst the unveiling of the Budget 2024, the UDAN (Ude Desh ka Aam Nagrik) scheme, aimed at enhancing regional connectivity, is under strain. Allocations to the scheme have seen a significant 60% reduction, impacting the development of regional aviation routes across the country. The reduction in funds for UDAN raises concerns about the government's commitment to bolstering regional air connectivity, a crucial aspect of enhancing accessibility and economic growth. Industry experts express worries over the potential implications for smaller airports and underserved regions, as the scheme's cut may hinder the expansion of flight networks.

Next Story
Technology

Digital engineering resolves issues before money is deployed onsite

Construction is moving from drawings and delays to data-led delivery. Varunkumar Sagarkar, Director, shares how Desapex is helping developers and contractors make BIM, ISO 19650 and digital twins work on real projects.How is Desapex helping construction companies move from traditional project delivery to digital-first execution?When we started, the first challenge was capacity. We saw strong adoption of digital technology in markets such as the Middle East, Europe and the US, but India lacked the depth of resources required to deliver those services at scale. Over time, we also saw many failed..

Next Story
Equipment

CASE India appoints Sachin Tare to lead manufacturing

CASE Construction Equipment, a brand of CNH, has appointed Sachin Tare as Director – Manufacturing to lead manufacturing operations at its Pithampur facility near Indore, Madhya Pradesh. In his new role, Tare will focus on improving operational efficiency, quality and productivity while supporting the company’s growth in India and global markets.Tare brings over three decades of experience across manufacturing, supply chain, operations and business transformation in the engineering and automotive sectors. He spent nearly 30 years with Mahindra & Mahindra, where he held leadership posit..

Next Story
Infrastructure Urban

Bondada Enters Defence Sector with KCS Engineering Acquisition

Bondada Engineering Limited, a renewable energy and infrastructure solutions company, has announced its entry into the defence and aerospace sector through its subsidiary Bondada Dynamics Private Limited (BDPL), which has entered into a Business Acquisition Agreement to acquire a 75% ownership stake in KCS Engineering Solutions.As part of the strategic expansion plan, KCS Engineering Solutions will be converted into a private limited company, proposed to be named BKCS Technologies Private Limited, with the “B” representing Bondada. Following the conversion, BKCS Technologies will operate a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement