The budgetary allocation for the civil aviation ministry has come down to Rs 2,300 crore for the next financial year.
For the ministry, the allocation in the revised budgetary estimate for the current fiscal ending March 2024 stood at Rs 2,922.12 crore.
According to the documents of the interim Budget for 2024-25, the ministry will get an allocation of Rs 2,300 crore, including the revenue component of Rs 2,257.79 crore.
Out of the total amount, Air India Asset Holding Ltd (AIAHL) will get Rs 1,158.79 crore in the next fiscal, higher than Rs 713.92 crore allocated for 2023-24.