Veer Savarkar Airport Commences Night Operations

03 May 2024 CW Team

Veer Savarkar International Airport in Port Blair has initiated night operations, marking a significant milestone in enhancing connectivity to the Andaman and Nicobar Islands. This development is poised to improve accessibility and facilitate smoother travel experiences for passengers.

The commencement of night operations at Veer Savarkar Airport reflects the government's commitment to bolstering infrastructure in the region and promoting tourism. It is expected to boost economic activity and contribute to the overall development of the Andaman and Nicobar Islands.

The expansion of operational hours at the airport will enable airlines to schedule flights during evenings, thereby accommodating the growing demand for air travel to and from the region. This will not only benefit tourists but also residents, enabling them to travel more conveniently.

The introduction of night-time flights at Veer Savarkar International Airport aligns with the government's broader vision of enhancing connectivity and promoting regional development. It underscores the importance of air transportation in bridging geographical barriers and fostering socio-economic growth.

Overall, the commencement of night operations at Veer Savarkar Airport is a positive step towards improving air connectivity to the Andaman and Nicobar Islands. It is expected to unlock new opportunities for tourism, trade, and investment, thereby contributing to the region's prosperity and growth.

Infrastructure Urban

07 Oct 2025

India’s Rs 370 Bn Petrochemical Expansion to Shift Asian Supply

India’s planned investments worth over USD 37 billion (around Rs 3 lakh crore) in the petrochemical sector are poised to reshape Asia’s supply landscape, according to a new report by S&P Global Ratings.The report noted that India’s drive toward petrochemical self-sufficiency mirrors China’s earlier expansion and could intensify competition in the region. “India’s capacity additions will significantly alter trade flows and increase competition among Asian producers,” said Ker Liang Chan, credit analyst at S&P Global Ratings.S&P estimated that public sector enterprises ..

Maharashtra Sets Up Authority to Boost Self-Redevelopment

The Maharashtra government has established a Self-Redevelopment Authority to support citizens in independently redeveloping old buildings, marking a major policy step for Mumbai and the surrounding metropolitan region.BJP legislator and Mumbai District Central Cooperative Bank president Pravin Darekar will head the new Authority, which will offer end-to-end guidance on project planning, funding, developer selection, and execution. The initiative follows the approval of the state’s New Housing Policy earlier this year, which allocated Rs 2,000 crore to promote self-redevelopment.Officials sai..

MHADA Revises Premium and Payment Rules for Redevelopment

The Maharashtra Housing and Area Development Authority (MHADA) has revised its 2007 redevelopment policy to make the redevelopment of ageing housing societies in Mumbai financially sustainable.The key change involves recalibrating premium charges for commercial floor space in projects under Regulation 33(5) of DCPR 2034. The new formula links premium rates to land value, market rate, and proposed usage, replacing the earlier rule that charged 1.5 times the residential rate for commercial areas.Developers’ body CREDAI-MCHI had sought parity between residential and commercial rates to encourag..