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  Business   In Other News  03 Oct 2018  MP govt to pay subsidy to airlines 'per landing' of aircraft

MP govt to pay subsidy to airlines 'per landing' of aircraft

PTI
Published : Oct 3, 2018, 1:40 pm IST
Updated : Oct 3, 2018, 1:40 pm IST

The cabinet at its meeting here approved 'Aviation Policy 2018' for the state.

The Madhya Pradesh cabinet on Tuesday decided to provide subsidy to airlines which operate flights under the Centre's regional connectivity scheme UDAN from airstrips or airports in the state. (Photo: ANI)
 The Madhya Pradesh cabinet on Tuesday decided to provide subsidy to airlines which operate flights under the Centre's regional connectivity scheme UDAN from airstrips or airports in the state. (Photo: ANI)

Bhopal: The Madhya Pradesh cabinet on Tuesday decided to provide subsidy to airlines which operate flights under the Centre's regional connectivity scheme UDAN from airstrips or airports in the state.

The cabinet at its meeting here approved 'Aviation Policy 2018' for the state, said Public Relations Minister Narottam Mishra. The subsidy will be paid to aviation companies which are registered under the Centre's UDAN (Ude Desh Ka Aam Nagrik) scheme, the minister said.

 

"The state government has decided to grant subsidy to the aircraft (to the airlines operating them) that land on airstrips in the state. Necessary provision for this has been made in the aviation policy," Mishra told reporters here.

Commissioner, Public Relations P Narhari said a subsidy of Rs 40,000 would be paid to the concerned airline on every landing of a nine-seater passenger aircraft. For 10-20 seater planes, the subsidy per landing would be Rs 80,000. The amount would be Rs 1.50 lakh for 21-80 seater aircraft and Rs 2 lakh for those with bigger capacity, he said.

Tags: udan scheme, airstrips, airports, aviation policy 2018, narottam mishra
Location: India, Madhya Pradesh, Bhopal