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Author: admin (Infratructure Today)

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Rs.2,41,000 cr for transport infra in Union Budget

Rs.2,41,000 cr for transport infra in Union Budget

The Union Budget has allocated Rs 2,41,000 crore for the transportation sector. “For transportation sector as a whole, including rail, roads, shipping, I have provided Rs 241,387 crore in 2017-18,“ Finance Minister Arun Jaitley said while presenting the Union Budget 2017-18 in the Lok Sabha.

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Despite demonetisation, air passenger traffic rises 24percent in December

Despite demonetisation, air passenger traffic rises 24percent in December

The government“s demonetisation move, which reportedly hit demand in several sectors, has not had any impact on air travel in the country. The Indian aviation industry“s strong passenger growth continued unabated in December when domestic airlines flew 23.91 per cent more passengers than a year earlier, according to latest data from the Directorate General of Civil Aviation (DGCA).

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Govt gets 45 proposals under UDAN

Govt gets 45 proposals under UDAN

The Centre“s UDAN (Ude Desh Ke Aam Naagrik) scheme, which seeks to boost regional air connectivity, provides for various incentives to airlines with fares for one-hour flights capped at Rs 2,500.

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Centre calls for affordable housing targets

Centre calls for affordable housing targets

The Ministry of Housing & Urban Poverty Alleviation has asked all states and Union Territories to submit proposals for construction of affordable houses for the urban poor at the earliest so that the “Housing for All“ target in urban areas could be met by 2022 as envisaged.