Cabinet Approves Modified UDAN Scheme
The Union Cabinet, under the leadership of Prime Minister Shri Narendra Modi, has sanctioned the Regional Connectivity Scheme - Modified UDAN, with a financial commitment of Rs.28,840 crore for ten years from FY 2026-27 to FY 2035-36. The scheme aims to enhance regional air connectivity, support economic growth in Tier-2 and Tier-3 cities, and promote the indigenous aerospace sector through initiatives like airport development and Viability Gap Funding for airlines.
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