India increases regional air travel funding by 27%
after close1 source ↓written by the desknot a recommendation
- in funding
- 27% increase
- for FY 2026-27
- ₹550 crore
- ₹434.50 crore
The Indian government has announced a 27% increase in funding for the UDAN scheme, raising the allocation to ₹550 crore for FY 2026-27, up from ₹434.50 crore. This move aims to enhance regional air connectivity by reviving unserved airstrips, promoting economic growth and tourism.
This funding boost is expected to significantly improve accessibility to air travel in smaller towns, potentially benefiting the aviation sector and related industries. 📈
Not investment advice. For informational purposes only.