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

06 Aug 2021 CW Team

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

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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

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