News Update

Govt issues travel advisory against Iran and IsraelSARFAESI Act - Confirmed auction sale can be interfered by High Court by entertaining writ petition only when there is fraud/collusion and present case is not case of fraud or collusion : SC (See Tiolcorplaws.com)Delhi records 39.4 degree temperature today: IMDIndia-Peru FTA: 7th round of talks concludes in New DelhiGST - Circular 108/27/2019-GST cannot override the provisions of the substantive rules framed under the CGST Act: HC16th Finance Commission invites applications for Young Consultants on contract basisGST - Shocking state of affairs - Approach not conducive to international trade and commerce - Internal or departmental conflicts cannot cause prejudice to the assessee: HCECI scraps procedure of Form-M for migrants residing at Jammu and UdhampurGST - Merely because electronic portals did not make appropriate provisions, entitlement of petitioner to receive refund, being an entitlement under the IGST Act, cannot be defeated: HCGovt speeds up processing of Starlink application to provide internetST - s.73(4B) of FA, 1994 - True import and spirit of the provision required expediency on part of Assessing Officer and which has not been scrupulously complied with - Proceedings ought to have been completed within an year: HCHomoeopathy Symposium calls for global collaboration to enhance acceptanceEC seizes close to Rs 46 Cr cash in KarnatakaST - Avoiding multiple litigation - Public money blocked - Petitioner's request for early hearing of matter by Tribunal allowed: HCLargest investor in Nepal is India, says Nepalese diplomat in DelhiGST - Disallowance of ITC on the ground that ISD did not file GSTR Form-6 - No coercive action during pendency of petition: HCAmerican airlines urge Biden against nod for more flights to ChinaGST - Provisional release of goods and conveyance - Ad interim relief granted on payment of penalty and fine and execution of bond: HCRussian hackers penetrated into Microsoft access to step govt emails: US
 
Govt launches UDAN 5.1, specifically designed for helicopter routes

By TIOL News Service

NEW DELHI, MAY 25, 2023: FOLLOWING four successful rounds of the Regional Connectivity Scheme (RCS) - Ude Desh Ka Aam Nagrik (UDAN) and with the version 5.0 of the fifth round underway, the Ministry of Civil Aviation has launched UDAN 5.1 to further enhance the connectivity to remote areas of the country and achieve last mile connectivity through helicopters.

For the first time under RCS-UDAN, this round is designed specifically for helicopter routes.

The main features include:

An increase in the scope of operations for operators wherein the scheme will now allow routes where one of the origin or destination locations is in a priority area. Earlier both points had to be in priority areas.

Airfare caps have been reduced by as much as 25% to make flying in helicopters more affordable for passengers. 

Viability Gap Funding (VGF) caps for the operators have been increased substantially for both single and twin-engine helicopters to enhance financial viability for operating the awarded routes.

"The latest round of UDAN scheme is a testament to two emerging phenomenon in Indian civil aviation - one, a deeper democratisation of air travel with a focus on last-mile connectivity. Second, a growing appetite for helicopters in aiding tourism. Greater helicopter penetration through such efforts will help boost tourism, hospitality, and thus, our local economies. UDAN 5.1 heralds a new dawn not just for civil aviation, but also for India's remote & unserved regions." said Jyotiraditya M. Scindia, Union Minister of Civil Aviation and Steel.

The current version of the scheme has been designed after consultations with all stakeholders including helicopter operators. While the intended target is to provide last-mile connectivity, it is also projected to give the helicopter segment of the Indian civil aviation industry a much needed boost.

It may be mentioned that till date 46 helicopter routes have been operationalized under previous rounds of the scheme benefitting a number of hilly and North East states and this round is targeting coverage of a much larger number of routes.

Under the UDAN scheme passengers have received the benefit of air connectivity, airlines have received concessions for operating regional routes, and unserved regions have received the direct and indirect benefits of air connectivity for their economic development. The present version of the scheme will be another step towards the Hon'ble Prime Minister's vision of allowing the common man to travel by air at affordable fares to remote destinations of the country.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.




Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.