India Approves 3 Billion Dollar Regional Aviation Scheme

The Indian cabinet has authorized a 288.40 billion rupee scheme to improve regional air travel. Information Minister Ashwini Vaishnaw announced the plan today.

Xurve View

The cabinet of India has officially approved a significant new scheme aimed at expanding regional air connectivity across the nation. The initiative, sanctioned on Wednesday, involves a total investment of 288.40 billion rupees, which equates to approximately $3.06 billion.

Minister Ashwini Vaishnaw addresses the audience at the SemiconIndia 2023 conference in Gandhinagar, India. REUTERS/Amit Dave/File Photo
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.