Budget’s revamp plan set to send UDAN air connectivity scheme soaring
2 months ago

Budget’s revamp plan set to send UDAN air connectivity scheme soaring

Live Mint  

The government aims to expand the regional air connectivity scheme UDAN, or Ude Desh ka Aam Nagrik, to 120 airports in the next 10 years. In her budget speech for FY26 on Saturday, finance minister Nirmala Sitharaman said, “Inspired by the success, a modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations and carry 4 crore passengers in the next 10 years.” At least 1.5 crore passengers have benefited from the UDAN scheme since it was launched more than 8 years ago to make air trave affordable and help develop regional airports for economic growth. This initiative will not only make air travel more accessible to remote regions but will also drive economic growth and tourism, further empowering local economies.” Analysts that track the aviation industry are of the view that the renewed focus on regional connectivity should aid regional players. “With a vision to facilitate the transportation of 40 million passengers under the regional connectivity scheme, this move will establish dynamic hub-and-spoke air corridors, making air travel more affordable and accessible for regional India,” said Bhavana Yerrumreddy, partner - aviation, EY India.

History of this topic

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2 weeks, 1 day ago
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