To improve regional air connectivity, the Narendra Modi Government will revive 50 additional airports, heliports, water aerodromes and advanced landing grounds in the next financial year.
The announcement was made by Finance Minister Nirmala Sitharaman while presenting the Union Budget for 2023-24. The announcement is part of a target to operationalise 1,000 UDAN routes during the currency of the scheme.
The allocation for the Civil Aviation Ministry in the Union Budget has more than halved to `3,113.36 crore for 2023-24 (`3,026.70 crore from revenue and `86.66 crore from capital), especially due to a sharp reduction in the amount set aside for Air India Asset Holding Ltd. For 2022-23, the revised allocation is `9,363.70 crore which is lower than `10,667 crore estimated earlier.
