ARTICLE · 12 FEBRUARY 2024

Budget Bulletin – Infrastructure

Economic Laws Practice

Explore more from Economic Laws Practice

In Her Speech, The FM Proposed That Expansion Of Existing Airports And Development Of New Airports Will Continue Expeditiously.

IndiaTransport

Sujjain Talwar

Aakanksha Joshi

Author LinkedIn connections

Aviation

Budget Proposal

The FM celebrated the success of the Ude Desh ka Aam Naagrik (UDAN) scheme launched for the aviation sector in 2016 by highlighting the following achievements:

Doubling of airports to 149
Widespread roll out of air connectivity to tier-two and tier-three cities; and
Introduction of 517 new routes which are carrying 13 million passengers.

In her speech, the FM proposed that expansion of existing airports and development of new airports will continue expeditiously.

Impact

The continuous expansion and development of airports will have multiple benefits in the form of (a) improving regional connectivity in tier-two and tier-three cities; (b) providing a boost to domestic tourism sector; and (c) reducing the stress on other means of transport and logistics such as rail and road.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Related Articles

Can A Vessel Be Arrested When The Party Liable For The Maritime Claim No Longer Holds The Status Of Demise Charterer? The Supreme Court Of India Holds In The Negative.

Parinam Law Associates

Goodbye, Aircraft Rules, 1937: Understanding The Bharatiya Vayuyan Niyam, 2026

The Merchant Shipping (Ships And Port Facility Security) Rules, 2026: A Paradigm For New Security Rules For Ships And Ports

Technology As Guardian: Supreme Court’s Mandate On Vehicle Tracking And Emergency Systems In Public Transport

Khurana & Khurana, Advocates and IP Attorneys

The Hormuz Trap: Why Indian Importers Don't Have To Pay The War Surcharge

Foresight Law Offices

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

Comparative Guide

Shipping

Comparative Guide

Aviation Finance & Leasing

See more popular content from

Transport

How To Reduce Challan Amount: A Guide To Saving Money On Traffic Fines In India

In India, traffic challans can quickly add up and become a significant financial burden.

How To Legally Challenge A Wrongful Traffic Fine In India

Being hit with an unexpected traffic challan, especially if you believe it's been issued in error, can be frustrating.

Drone Law In India: Legal Framework And Regulatory Overview

Bharatiya Vayuyan Adhiniyam, 2024 (Act No. 16 of 2024) (the "BVA"), which replaced the Aircraft Act, 1934, along with the Drone Rules, 2021 ("Drone Rules"), as amended from time to time, provide the regulatory framework for drones in India.

Termination, Recovery & Damages – Lessons From FW Aviation v Vietjet

The dispute in FW Aviation (Holdings) 1 Limited v VietJet Aviation Joint Stock Company1 has been decided through three substantial judgments of the English Commercial Court (“English Court”). Together, they address whether the aircraft leases were validly terminated, sums payable as a result of termination, and the extent to which damages could be claimed for losses arising from the condition, detention and delay in eventual export of the aircraft.

Setting Up An MRO Facility In India

Opening an aircraft maintenance facility in India requires navigating three parallel regulatory tracks that operate on different timelines: airworthiness approval from the DGCA, land and airside access from airport operators, and duty treatment from customs authorities. This comprehensive legal guide examines the statutory framework under the new Bharatiya Vayuyan Adhiniyam 2024, the CAR-145 organization approval process, airport land allocation challenges, customs duty exemptions, and the state-level clear

Maheshwari & Co. Advocates & Legal Consultants

BH-Series Vehicle Registration: A Comprehensive Guide To India's Vehicle Registration Rules

BH-Series registration marks offer a streamlined solution for vehicle owners who frequently relocate across states. This new framework eliminates the need for de-registration / re-registration every time you relocate...

Aircraft Maintenance Reserve Clauses That Prevent Costly Redelivery Disputes

Aircraft maintenance reserve clauses and redelivery conditions are the two provisions most likely to trigger multi-million dollar disputes at the end of an aircraft lease agreement. This article examines the mechanics of Maintenance Reserve Funds, explores escrow versus lessor-retained custody structures, and provides detailed guidance on drafting quantified redelivery conditions that eliminate ambiguity when exposure is highest.

Maheshwari & Co. Advocates & Legal Consultants

Aircraft Repossession vs Going-Concern Value: How India’s New Insolvency Framework Changes The Position Of Aircraft Lessors

Airline insolvency presents a particularly difficult problem for insolvency law because the assets most critical to keeping the airline operational may not belong to the airline at all. Aircraft are frequently held under operating leases. When an airline enters insolvency, therefore, the resolution professional (“RP”) may be required to preserve the corporate debtor as a going concern while the aircraft lessor seeks to enforce its contractual and international-law rights to recover possession of its aircraft.

King, Stubb & Kasiva

Bharatiya Vayuyan Vidheyak, 2024

On December 5, 2024, the Parliament passed the Bharatiya Vayuyan Vidheyak, 2024 ("New Aircraft Act")1 replacing the Aircraft Act, 1934 ("Aircraft Act"), with an aim to modernise India's Aviation regulatory framework to align with international standards.

JSA Advocates & Solicitors

Check And Pay Traffic Challans Online In Delhi, Gurgaon, And Noida

Navigating through the busy streets of Gurgaon, Delhi, and Noida can often feel like a daunting task, especially with the ever-increasing number of vehicles.