Airport sector to see pre-tax profit rise by 35%

10 Jun 2024 CW Team

According to aviation consultant CAPA India, the airport industry is expected to achieve a 35% increase in pre-tax profit for the fiscal year 2025, aided by the continued strong demand for air travel.

According to CAPA Vice President Paramprit Singh Bakshi, pre-tax earnings at airports would increase to Rs 103.7 billion from Rs 76.8 billion last year at the CAPA India aviation summit. The most populated country in the world, India, anticipates having 350 airports by 2030, up from 144 in 2019, based on official statistics and a previous forecast by CAPA India. The state-owned Airports Authority of India (AAI) oversees the majority of the nation's airports. Among the leading private airport operators in the nation are the Adani Group, Fairfax India, and GMR Airports, which manages the busiest airport in the nation, located in New Delhi. Improvements in foreign travel as well as record domestic passenger traffic enabled airports and airlines to post higher earnings for the previous fiscal year.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..