Learn bits
Economy, Schemes & Policies
Mahesh

18/08/22 06:30 AM IST

UDAN Scheme of Ministry of Civil Aviation completes 5 years of success

In News 
  • Ministry of Civil Aviation’s flagship program Regional Connectivity Scheme UDAN (UdeDeshkaAamNagrik) has completed 5 years of success since the launch of it first flight by  Prime Minister on 27th April 2017.
  • It seeks to improve regional air connectivity to tier-2 and tier-3 cities (mostly underserved or unserved regions) through the revival of unused and underused airports.
UDAN Scheme 
  • RCS-UDAN was formulated based on the review of The National Civil Aviation Policy (NCAP)-2016 and it was planned to remain in force for a period of 10 years.
  • It has a self-financing mechanism with the development of Regional Connectivity Fund (RCF).
  • Under this Scheme, RCF was created, which funds the VGF requirements of the scheme through a levy on certain domestic flights.
  • This way, funds generated from the sector themselves stimulate the growth and development of the sector.
  • RCS-UDAN was awarded Prime Minister’s Award for Excellence in Public Administration under Innovation Category for the year 2020. 
Source- PIB 

More Related Current Affairs View All

18 Feb

Aravali safari park project

'The Haryana government’s ambitious 3,858 hectare Aravali safari park project spread across Gurugram and Nuh — which was one of the poll promises of the ruling Bharatiy

Read More

17 Feb

President’s rule function

'Recently,  four days after Manipur Chief Minister N. Biren Singh’s resignation, the Union government announced that President’s rule has been implemented in the v

Read More

17 Feb

DDoS cyberattack that hit Karnataka’s Kaveri 2.0 portal

'In January, web-based portal Kaveri 2.0, which streamlines property registrations in Karnataka, faced sporadic, crippling server outages.' As a result, property registration an

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps