Centre to select first 50 airports under modified UDAN scheme
BusinessLine 5 hrs ago·16 Aug 2026, 12:47 pm
The government has announced the commencement of the first phase of the modified Regional Connectivity Scheme (UDAN). Under this new framework, states will nominate unserved or underserved airports for inclusion, with the Centre evaluating these proposals through a competitive bidding process. This initiative aims to boost air connectivity to smaller cities and remote areas by offering viability gap funding to airlines.
This move is significant for the broader market as it signals a continued push for infrastructure development and regional growth. For investors, it highlights the government's focus on the aviation sector, which could benefit related industries and improve logistics across the nation. The scheme is expected to make air travel more affordable and accessible for retail investors and the general public alike.
Investors should watch for the list of nominated airports and the successful bidders in the coming months. The implementation timeline and the actual operational start dates will be key factors to monitor. The success of this scheme could pave the way for further expansions in the aviation and tourism sectors.
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- Category: Economy.
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