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FLIGHT SUBSIDY
PM Modi cuts down convoy size; BJP CMs, other leaders follow suit on his appeal for less fuel usePrime Minister Narendra Modi has significantly downsized his convoy. This move follows his appeal for wise spending and fuel conservation. ...- After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
- OMCs push for increase in LPG, petrol, diesel, ATF prices as losses mountOil prices are soaring, pushing the govt to consider raising fuel costs. State-run companies are facing significant losses due to the sharp...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Crude shock: Ajay Bagga on how $90 oil could dent India Inc's earnings and test government's fiscal nerveIndia is bracing for a major energy cost shock. Soaring crude oil prices are set to impact corporate profits, consumer spending, and govern...
- Indonesia raises aviation fuel surcharge, flight ticket pricesIndonesia on Monday announced a 28-percentage point rise in the surcharge on aviation fuel, and said it would allow airlines to raise the d...
- Delhi govt plans drone clusters, smart governance, disaster response under new policyDelhi is planning a new drone policy. It will focus on drone research and testing facilities. Drones will be used for traffic management. S...
- Udan 2.0 boost to spur small aircraft manufacturing in India: Civil aviation minister Ram Mohan NaiduThe cabinet last week approved a Rs 28,840-crore plan to revamp regional air connectivity over the next decade, which includes developing 1...
- UDAN scheme gets Rs 28,840 crore boost to expand regional air connectivityThe scheme subsidises airlines flying to remote destinations at fares capped by the government. Its performance has been uneven so far. Of ...
- Rs 400 crore cleared for UDAN scheme bailoutThe aviation ministry was in need of money to fund the subsidy and had approached the finance ministry for help.
- UDAN set to connect 100 regional airports soonThe Prime Minister’s Office has asked the civil aviation ministry to examine adding 44 airports under the scheme called Ude Desh ka Aam Nag...
- Airports Authority of India's dividend pay out to fund RCS flightsThe finance ministry has agreed to fund the Ude Desh ke Aam Nagrik (UDAN) scheme through the dividend that AAI pays to the government every...
- Embarkation points for Haj flights to remainAn expert committee had recommended that the number be brought down to nine, to “address the concerns of state governments and pilgrims”.
- CAG seeks details of plan to float trust for UDAN“They wanted to know about the composition of the trust and other details about the trust, which has been created to keep it out of the tax...
- No UDAN for the Aam Aadmi? Government mulls unrestricting subsidised seatsUnder the UDAN scheme, the government provides air connectivity to unserved and underserved airports in the country.
- SpiceJet shuns UDAN subsidiesSpiceJet has offered to operate regional flights out of Mumbai, Kolkata and Delhi without cash support from the government under the progra...
- More intra-state flights may take UDAN on government’s regional connectivity pushThe government is also hopeful of announcing the award of regional flights post March 11, after the code of conduct gets over post the anno...
- Modi government pushes to make Rs 2,500 flight for aam aadmi a realityThe airline providing regional flights will have to connect underserved airports with minimum 3 flights a week and maximum 7 flights a week.
- Private airlines can now bid for loss-making regional routesThis will be the first time private carriers will be allowed to bid for these routes and claim government subsidy.
- Private airlines may get subsidy for flying to north eastGovernment is considering a proposal to provide subsidy to private airlines operating flights on loss-making routes in the north eastern re...
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