Budget 2016: Govt plans to revive 160 airports; each to cost Rs 50-100 crore

The draft policy has mooted various measures to boost regional connectivity including setting up of no-frills airports and providing viability gap funding for airlines. (Source: Express Photo by Partha Paul)

To boost air connectivity, the government is preparing an action plan to revive 160 airports and airstrips, each of would cost about Rs 50-100 crore.

Presenting the Budget for 2016-17, Finance Minister Arun Jaitley said the government is drawing up an action plan for revival of unserved and underserved airports. “There are about 160 airports and air strips with state governments which can be revived at an indicative cost of Rs 50 crore to Rs 100 crore each.