The National Democratic Alliance (NDA) Government has decided to put on hold the previous once ambitious plan of developing low-cost airports in non-metro cities. However, of the 50 centres identified by the United Progressive Alliance (UPA) Government in 2013, work will continue on five low-cost airports – in Karnataka, Rajasthan, Arunachal Pradesh and Odisha – where construction has already been sanctioned. ¨The plan to develop the no-frills airports has been put on hold due to lack of commercial viability. Work has been processed for only (these) five airports. In many cases, the government had given approval to states and even completed the land acquisition process,¨ said a ministry official. After coming to power at the Centre last year, the present government had first decided to develop five of the 50 proposed airports in Phase-I.
FlashNews:
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
NBCC Signs MoU with Sahakari Awas Nirman Evam Vitt Nigam Ltd. for land development in Lucknow
REC Limited Commits ₹8.44Crore Under CSR to support 1MW solar photovoltaic power plant in the Gandhigram Rural Institute, Tamil Nadu
REC Commits ₹2.01 Cr Under CSR to Support Procurement of Health Equipments in Raipur, Chhattisgarh
RECPDCL Handovers Rajasthan IV 4A Power Transmission Limited, a Transmission Project Special Purpose Vehicle to Power Grid Corporation of India Limited
REC Limited Commits Rs. 2.92 Crore Under CSR to Enhance ITBP Medical Infrastructure
Global investors are eyeing India’s infrastructure sector
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
IIFCL Launches Strategic Document to Support Green Infra
Home » UPA´s low-cost airport project on hold
UPA´s low-cost airport project on hold
Aviation & Airports
May 1, 2015May 1, 2015
Leave a Reply
You must be logged in to post a comment.