11.4 Percent Hike for Civil Aviation Ministry in Budget

Published: 10th July 2014 03:32 PM  |   Last Updated: 10th July 2014 03:32 PM   |  A+A-

By PTI

NEW DELHI: Government today announced a new scheme to develop airports in metros and non-metro cities through public-private partnership to enhance air connectivity and hiked allocation for the Civil Aviation sector by over 11.4 per cent to Rs 9,474 crore in the budget.      

"Despite increase in air connectivity, air travel is still out of reach of a large number of aspirational Indians. Scheme for development of new airports in Tier I and Tier II (cities) will be launched for implementation through Airport Authority of India and PPPs," Finance Minister Arun Jaitley said in his Budget speech.       

The Government has been working towards increasing air connectivity in the country and is planning to increase the number of airport in metro and non-metro cities.           

The Ministry has been allocated Rs 9,474 crore in the General Budget against Rs 8,502 crore provided to it in the last fiscal.           

Of the Rs 9,474 crore, Rs 6,720 crore is for Plan expenditure whereas Rs 2,754 crore is for non-plan expenditure. Under the Budget, the official airliner Air India has been allocated Rs 7,069 crore for its operations whereas the Airports Authority Limited has been granted Rs 2,134 crore.      

The allocation for Air India has been increased only by Rs six crore from the last fiscal. Pawan Hans helicopters Limited has got a substantial hike from Rs 8.67 crore last year to Rs 46 crore this year.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp