For the civil aviation ministry, the budgetary allocation has been reduced to Rs 2,357.14 crore for 2024-25, with the regional air connectivity scheme set to get Rs 502 crore during the same period.
On Tuesday, as per the Union Budget 2024-25 that was presented by Finance Minister Nirmala Sitharaman in Parliament, the ministry will get an allocation of Rs 2,357.14 crore.
Rs 2,922.12 crore was the amount for the ministry in the revised budgetary allocation for 2023-24.
As per the documents, to enhance connectivity in the northeast region, a new scheme has also been formulated for providing air connectivity and aviation infrastructure.
However, for drone and drone components, the Production Linked Incentive (PLI) scheme will receive a higher allocation of Rs 57 crore this fiscal compared to Rs 33 crore in the 2023-24 revised estimates.
For 2024-25, the allocations for the Directorate General of Civil Aviation (DGCA) and the Bureau of Civil Aviation Security (BCAS) have been reduced to Rs 302.64 crore and Rs 89 crore, respectively.
In the Budget 2024, for the Hotel Corporation of India Ltd, an amount of Rs 57.14 crore has been allocated. This will be used to meet its statutory and other obligations under the ministry.
According to the documents, an amount of Rs 85 crore has been given this fiscal for providing medical benefits to retired employees of Air India. In 2022, the company was sold by the government to Tata Group. The amount stood at Rs 51 crore in 2023-24.