Sign In
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

08 Sep

Rajasthan’s coaching centre Bill

'The Rajasthan Coaching Centres (Control and Regulation) Bill, 2025, is a significant piece of legislation passed by the Rajasthan Assembly to regulate and oversee the state's burg

Read More

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

India’s First Ai-Driven Magazine Generator

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