Telanagana Government Signs MoU with Civil Aviation Ministry for Regional Connectivity Scheme

Posted on:12 Jan 2017 09:29:59
Telanagana Government Signs MoU with Civil Aviation Ministry for Regional Connectivity Scheme
12 January 2017 Current Affairs: The Telangana government has signed a MoU with the Ministry of Civil Aviation and Airports Authority of India on January 11, 2017 under the Regional Connectivity Scheme (RCS) for air connectivity by developing small airports and airstrips in the state.

The Memorandum of Understanding (MoU) was between Civil Aviation Minister Ashok Gajapathi Raju and Telangana Minister for IT and industries K T Rama Rao in New Delhi.

The RCS would be in operation for a period of 10 years and provide connectivity to un-served and under-served airports of the country through revival of existing air-strips and airports.

The Central Government would be providing concessions in the form of reduced excise on VAT, service tax and flexibility of code sharing at the RCS airports to reduce the cost of operation. 

State governments would also lower the VAT besides other concessions.

The fare for a one hour journey of approximately 500 km on a fixed wing aircraft or for a 30 minute journey on a helicopter would be capped at Rs 2,500, with proportionate pricing for routes of different lengths.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs December 2017

16 DECEMBER
NEWS
15 DECEMBER
NEWS
14 DECEMBER
NEWS

Current Affairs November 2017

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS