{"id":630354,"date":"2024-01-22T09:50:13","date_gmt":"2024-01-22T04:20:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=630354"},"modified":"2024-01-22T10:13:11","modified_gmt":"2024-01-22T04:43:11","slug":"budget-2024-robust-recovery-stupendous-passenger-surge-whats-behind-the-remarkable-expansion-of-indias-aviation-industry","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/budget-2024-robust-recovery-stupendous-passenger-surge-whats-behind-the-remarkable-expansion-of-indias-aviation-industry\/","title":{"rendered":"Budget 2024 | Robust recovery, stupendous passenger surge \u2013 What\u2019s behind the remarkable expansion of India\u2019s aviation industry?"},"content":{"rendered":"<p>The aviation sector in India is undergoing a remarkable ascent. Passenger traffic is booming, airlines are expanding fleets, and the government\u2019s ambitious regional connectivity schemes are taking shape. However, challenges remain, and the upcoming Union Budget 2024 holds the key to unlocking the sector\u2019s full potential. <\/p>\n<p>Proactive Development of Aviation Infrastructure <\/p>\n<p>Over the past ten years, India\u2019s aviation sector has witnessed remarkable expansion. The count of operational airports in the nation has surged from 74 in 2014 to 148 as of April 2023, showcasing a doubling of capacity. This growth is primarily attributed to the government\u2019s proactive policies and initiatives, notably exemplified by the Regional Connectivity Scheme \u2013 Ude Desh ka Aam Nagrik (RCS-UDAN), launched in 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The aviation sector in India is undergoing a remarkable ascent. Passenger traffic is booming, airlines are expanding fleets, and the government\u2019s ambitious regional connectivity schemes are taking shape. However, challenges remain, and the upcoming Union Budget 2024 holds the key to unlocking the sector\u2019s full potential. Proactive Development of Aviation Infrastructure Over the past ten years, India\u2019s aviation sector has witnessed remarkable expansion. The count of operational airports in the nation has surged from 74 in 2014 to 148 as of April 2023, showcasing a doubling of capacity. This growth is primarily attributed to the government\u2019s proactive policies and initiatives, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-630354","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/630354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=630354"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/630354\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=630354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=630354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=630354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}