Civil aviation ministry gets Rs 2,357 cr budgetary allocation for 2024-25
The budgetary allocation for the civil aviation ministry has been reduced to Rs 2,357.14 crore for the current fiscal ending next March, with regional air connectivity scheme set to get Rs 502 crore during the same period.
In the revised budgetary allocation for 2023-24, the amount for the ministry was at Rs 2,922.12 crore.
As per documents of the Union Budget 2024-25 that was presented by Finance Minister Nirmala Sitharaman in Parliament on Tuesday, the ministry will get an allocation of Rs 2,357.14 crore.
The money set aside for the regional air connectivity scheme has been cut to Rs 502 crore from Rs 850 crore in the revised budgetary allocation for 2023-24.
The amount is for revival of 22 airports as well as commencement of 124 RCS routes and Viability Gap Funding for North East Connectivity.
To improve connectivity in the northeast region, a new scheme has also been formulated for providing air connectivity and aviation infrastructure, as per a document.
However, the Product