<span style="font-weight: bold;">Proposals</span><br />
<ul>
<li>Expansion of airport capacity by five times, thereby facilitating one billion trips a year.</li>
<li>Development of 10 prominent tourist sites into iconic tourist destinations.</li></ul><br />
<span style="font-weight: bold;">Impact: Marginally Positive</span><br />
The Budget has reiterated the focus on improving regional connectivity through the UDAN scheme. The focus on expansion of airport capacity will help address the constraints faced by airlines with the current airport infrastructure, improve connectivity and thus boost tourism. Along with measures being undertaken to develop iconic tourist destinations to promote tourism, this effort will support the growth of the Indian aviation industry. While the Budget proposes to make the railways more competitive through measures like modernisation and improved passenger convenience, it should not have any major impact on air passenger traffic. <br />
<br />
<span style="font-weight: bold; font-size: 12pt;">Aviation Infrastructure</span><br />
<br />
<span style="font-weight: bold; font-size: 10pt;">Proposals</span><br />
<br />
Increase in airport capacity in the country by five times; the balance sheet of Airports Authority of India (AAI) to be leveraged to raise required resources.<br />
Increased planned outlay for the Ministry of Civil Aviation to Rs 4,086 crore in FY2018v19 from Rs 2,543 crore in FY2017v18, with focus on airports capacity enhancement.<br />
<br />
<span style="font-weight: bold;">Impact: Positive</span><br />
The Budget has placed emphasis on developing airport infrastructure in the country, which is lagging behind robust growth in air traffic. The government’s plan to increase the capacity by five times is a positive development and is targeted to meet the future of air traffic growth in the country. The AAI is expected to play a greater role and increase the pace of infrastructure development. The Budget proposal of leveraging the AAI’s healthy balance sheet is expected to generate sizeable resources for the AAI to undertake required capacity enhancement initiatives.<br />
FlashNews:
Toshiba Commits ₹32.32 Billion to Expand T&D Manufacturing in Japan and India
Embraer-Mahindra Alliance to Deliver C-390 Millennium Transport Aircraft for IAF
Inland Waterway Haldia Multi-Modal Terminal Operationalised Under PPP Model
Digital Monitoring Led to Shutdown of 51 Stalled Projects in Northeast: Scindia
IndiGo Confirms 60 A350-900s, Signs Rolls-Royce Deal to Power Long-Haul Expansion
IndiGo to Launch Direct Athens Flights on India’s First Airbus A321XLR
DGCA Launches Auto-Generated Computer Numbers for Flight Crew via Pariksha Portal
India’s Digital Firewall Shields Millions from Spoof Calls, with Even Google Adopting It: Scindia
India Post Preps to Reboot as Logistics Giant Under Scindia’s Watch
India’s Grade A Warehousing Demand Hits Record 26.5 Million Sq Ft in 2025
IndiGo Integrates with Digi Yatra for Seamless, Contactless Boarding
CS TECH Ai Powers Khanij Online 2.0 Rollout for Transparent Mineral Governance in Chhattisgarh
IREE 2025: Schaeffler India Showcases Future-Ready Rail Solutions at IREE 2025
IREE 2025: Vaishnaw Unveils Bold 7,000-km High-Speed Rail Vision to Power Viksit Bharat
IREE 2025: Siemens Unveils Next-Gen Rail Technologies to Drive India’s Mobility Transformation
IREE 2025: RVNL Showcases Engineering Prowess at Asia’s Largest Rail Exhibition
Sonowal Unveils Eight Maritime Projects to Mark New Mangalore Port’s Golden Jubilee
Air India Adds 174 Weekly Flights Across Domestic and Southeast Asia Routes for Winter 2025
Windergy India 2025: Chennai to Host Three-Day Global Dialogue on Wind Power Scale, Policy, and Innovation
Home » Post Budget Analysis | Aviation
Post Budget Analysis | Aviation
Aviation & Airports
January 1, 2018January 1, 2018

Leave a Reply
You must be logged in to post a comment.