Cabinet approves modified regional air connectivity scheme UDAN with Rs 28,840 crore outlay PSU Watch
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Cabinet approves modified regional air connectivity scheme UDAN with Rs 28,840 crore outlay

The Union Cabinet on Wednesday cleared the modified regional air connectivity scheme, UDAN, for a ten-year period till 2035-36, with an outlay of Rs 28,840 crore

PTI

New Delhi: The Union Cabinet on Wednesday cleared the modified regional air connectivity scheme, UDAN, for a ten-year period till 2035-36, with an outlay of Rs 28,840 crore.

There will be budgetary support from the government for the modified scheme.

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Briefing media persons after the Cabinet meeting, Information and Broadcasting Minister Ashwini Vaishnaw said 100 airports are to be developed from existing unserved airstrips under the scheme.

The total outlay for the development of the airports will be Rs 12,159 crore over the next eight years.

Also, the aim is to develop 200 modern helipads, entailing a total requirement of Rs 3,661 crore over the next eight years, an official release said. Under the scheme, airlines will be provided Viability Gap Funding (VGF) of Rs 10,043 crore over the 10-year period.

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UDAN or Ude Desh ka Aam Nagrik was launched in October 2016 to enhance regional air connectivity as well as make air travel more affordable.

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