{"id":2640,"date":"2020-02-03T15:10:26","date_gmt":"2020-02-03T15:10:26","guid":{"rendered":"https:\/\/travelobiz.com\/?p=2640"},"modified":"2020-04-09T07:59:54","modified_gmt":"2020-04-09T02:29:54","slug":"ministry-of-civil-aviation-has-been-allocated-inr-3797-crore-for-civil-aviation","status":"publish","type":"post","link":"https:\/\/travelobiz.com\/ministry-of-civil-aviation-has-been-allocated-inr-3797-crore-for-civil-aviation\/","title":{"rendered":"Ministry of Civil Aviation has been allocated INR 3,797 crore for civil aviation"},"content":{"rendered":"\n<p>Ministry of <a rel=\"noreferrer noopener\" aria-label=\"Civil Aviation (opens in a new tab)\" href=\"https:\/\/www.civilaviation.gov.in\/\" target=\"_blank\">Civil Aviation<\/a> has been allocated INR 3,797 crore in this year&#8217;s Budget, 2.62 percent higher than INR 3,700 crore which was allocated in the 2019-20 fiscal year. For the purchase of two B777 aircraft &#8211; which would be for travel of the prime minister, president and vice president &#8211; the government has allocated INR 810 crore in this year&#8217;s budget that is significantly higher than INR 272 crore allocated in 2019-20.\u00a0<\/p>\n\n\n\n<p>For the purchase of two B777 aircraft &#8211; which would be for travel of the prime minister, president, and vice president &#8211; the government has allocated INR 810 crore in this year&#8217;s budget that is significantly higher than INR 272 crore allocated in 2019-20.<\/p>\n\n\n\n<p>Currently, Prime Minister Narendra Modi, President Ram Nath Kovind and Vice President M Venkaiah Naidu fly on Air India&#8217;s B747 planes, which have the call sign &#8216;Air India One&#8217;. The government has allocated INR 465 crore for its regional connectivity scheme Udan, which is 3.1 percent higher than what was allocated in 2019-20.<\/p>\n\n\n\n<p>Just like a current fiscal year, the Centre has allocated just Rs 1 lakh in 2020-21 for the &#8220;turnaround plan for Air India&#8221;, as per the documents. Air India Asset Holding Ltd, a special purpose vehicle (SPV), has been set up as part of financial restructuring of the debt-laden national carrier.<\/p>\n\n\n\n<p>According to the documents presented in the full Budget for 2020-21, the government has allocated INR 2,205 crore for the SPV this fiscal.<\/p>\n\n\n\n<pre class=\"wp-block-verse\"><em>To get travel updates directly on your mobile,&nbsp;<strong>save and send a message at 9461777617 on Whatsapp<\/strong>&nbsp;to start.<\/em><\/pre>\n\n\n\n<p>Also Read,  <a href=\"https:\/\/travelobiz.com\/here-is-what-indias-travel-and-tourism-associations-said-about-budget-2020\/\"><strong>Here is what India\u2019s Travel and Tourism Associations said about Budget 2020<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ministry of Civil Aviation has been allocated INR 3,797 crore in this year&#8217;s Budget, 2.62 percent higher than INR 3,700 crore which was allocated in the 2019-20 fiscal year. For the purchase of two B777 aircraft &#8211; which would be for travel of the prime minister, president and vice president &#8211; the government has allocated [&hellip;]<\/p>\n","protected":false},"author":7380,"featured_media":2641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[41,45],"tags":[845,850],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ministry of Civil Aviation has been allocated INR 3,797 crore for civil aviation - travelobiz<\/title>\n<meta name=\"description\" content=\"Ministry of Civil Aviation has been allocated INR 3,797 crore in this year&#039;s Budget, 2.62 percent higher than INR 3,700 crore which was allocated in 19-20\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/travelobiz.com\/ministry-of-civil-aviation-has-been-allocated-inr-3797-crore-for-civil-aviation\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ministry of Civil Aviation has been allocated INR 3,797 crore for civil aviation - 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