India, March 25 -- The Government of India has issued a release:
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the launch and implementation of the Regional Connectivity Scheme - Modified UDAN for a period of ten years from FY 2026-27 to FY 2035-36 with a total outlay of Rs.28,840 crore with the budgetary support of the Government of India.
Impact:
The key components of the scheme are as under:
(a) Development of Aerodromes (CAPEX)
Under the Modified UDAN Scheme, it is proposed to develop 100 airports from existing unserved airstrips to enhance regional connectivity, in line with the Viksit Bharat 2047 vision of infrastructure expansion and transforming India into a globally competi...