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Aviation
• Announced the launch of scheme for the development of new airports in tier-I
and tier-II cities. The scheme will be implemented in conjunction with Airports
Authority of India. Currently, 7 airports are under developments
• Announced the development of new airports through public-private
partnerships
• Proposed introduction of a program for Electronic Travel Authorisations (“e-
Visa”) at 9 Indian airports to encourage growth in the country’s tourism sector.
Countries to which the e-Visa facility would be extended will be identified in a
phased manner
• Increased budgeted investments in public sector enterprises, including Air
India budgeted at Rs 7,069 crores, while investments in Airport Authority of
India increased from Rs 1,231 crore in 2013-14 to Rs 2,134 crore in 2014-15,
with total investments in public enterprises increasing from Rs 8,314 crore in
2013-14 to Rs 9,254 crores in 2014-15
Union Budget 2014-15 proposed moderate measures for expanding
infrastructure in the aviation sector

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China's Investment Leader - Dr. Alyce SUChina's Investment Leader - Dr. Alyce SU
China's Investment Leader - Dr. Alyce SU
 

Budget 2014 15 Aviation sector Edelman

  • 1. Aviation • Announced the launch of scheme for the development of new airports in tier-I and tier-II cities. The scheme will be implemented in conjunction with Airports Authority of India. Currently, 7 airports are under developments • Announced the development of new airports through public-private partnerships • Proposed introduction of a program for Electronic Travel Authorisations (“e- Visa”) at 9 Indian airports to encourage growth in the country’s tourism sector. Countries to which the e-Visa facility would be extended will be identified in a phased manner • Increased budgeted investments in public sector enterprises, including Air India budgeted at Rs 7,069 crores, while investments in Airport Authority of India increased from Rs 1,231 crore in 2013-14 to Rs 2,134 crore in 2014-15, with total investments in public enterprises increasing from Rs 8,314 crore in 2013-14 to Rs 9,254 crores in 2014-15 Union Budget 2014-15 proposed moderate measures for expanding infrastructure in the aviation sector