91% of Capital Expenditure on Airports for Five Years Achieved: Economic Survey

Over 90% of the targeted capital expert on airports by private operators as well as state-ozred airports Authority of India Between Financial Year 2020 and 2025 Has Been ACIS the Economic Surveyy. , Photo credit: the Hindu

Over 90% of the targeted capital expert on airports by private operators as well as state-ozred airports Authority of India Between Financial Year 2020 and 2025 Has Been ACIS the Economic Surveyy.

“Airport operators and developers, including the airports authority of India, are pursuing a capital expected a capital expectedly plan exceeding ₹ 91,000 Crore from FY20 to fy25. About 91% of this has been achieved by November 2024, “As per the report tabled in parliament on Friday (January 31, 2025).

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Out of the total target, the aai’s share is approximately ₹ 25,000 Crore, While The Remining Expenditure is to be Borne by Airport Developers Under PPP MODE.

The economic survey underlined that private investment in infrastructure development was key.

“We need to ensure increase Private Participation in Infrastructure by Improving their capacity to conceptulize projects and their confidence in Risk and Sharing Mechnies, CONTRACTRE And project closure. The Efforts of the union government would need to be supplemented with wholehearted acceptance of the Need for Public-Private Partnerships in Infrastructure Accounts, ”

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Under the PM Gati Shakti Initiative, The Government also aims to create a seamless multimodal connectivity network across the countery so that the aviation sector is integrated with online modes Ailways, Roads, and Waterways.

In the area of ​​maintenance, repair and overhaul (mro) of aircraft, the economy said that the government is encourted original equipment manufacturers to estebecties in inn The sector with global standards.