Aviation Ministry’s budget allocation reduced by 115%, gets Rs 4,500 crore for this fiscal

The Aviation Ministry has been allocated Rs 4,500 crore in the Budget for the current financial year, which is 115 per cent less than Rs 9,700 crore that was given to it during 2018-19 fiscal. According to Budget documents released on Friday, the Centre has allocated Rs 480 crore for regional connectivity scheme UDAN, under which the “proposal is for revival of 50 airports and Viability Gap funding for North East Connectivity”. In 2018-19, the UDAN scheme was given Rs 441 crore. The Centre has allocated just Rs 1 lakh in 2019-20 for the “turnaround plan for Air India”, as compared to Rs 3,975 crore that was given to the national carrier in the last financial year, as per the documents.

Source: PTI