AAI gets budgetary support for development of Airports

Out of the total Plan Outlay of Rs.12164.76 crore for the Ministry of Civil Aviation, Rs.190 crore is the budgetary support, of which the Airports Authority of India (AAI) has been provided with Rs.99.15 crore for development of airports.

Of the total budgetary support for AAI, Rs.20 crore has been earmarked for the development of airports in the North-Eastern states and the balanced amount of Rs.79.15 crore is for development of airports in other crucial areas like Jammu, Srinagar, Aggtti, Puducherry airport etc.

Budgetary support of Rs.50 crore has been provided to the Director General of Civil Aviation (DGCA) and a provision of Rs.14 crore for the Bureau of Civil Aviation Security (BCAS) to pursue their plan schemes.

A provision of Rs.10 crore has been made for Pawan Hans Helicopters Ltd. (PHHL) for heliport in NCR/Delhi in order to facilitate Common Wealth Games and also to provide for Disaster Management/Mitigation measure.

The Indira Gandhi Rashtriya Uraan Akademi and Aeroclub of India have been provided grants-in-aid of Rs.8 crores and Rs.5 crores respectively.

Source : Equity Bulls

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