India, March 26 -- Revamping the regional air connectivity initiative, the Union Cabinet on Wednesday cleared a modified UDAN scheme with an outlay of Rs 28,840 crore for ten years that will provide funds for developing airports, related operations and maintenance activities, helipads and support for the acquisition of India-made aircraft.
Airlines will be provided Viability Gap Funding (VGF) for operating UDAN routes, and the amount is estimated to be Rs 10,043 crore over the ten-year period starting from FY 2026-27.
Briefing media persons after the Cabinet meeting, Information and Broadcasting Minister Ashwini Vaishnaw said that under the modified scheme, 100 airports would be developed from existing unserved airstrips with the help o...
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