The ministry is planning an investment of Rs. 1 trillion to augment its capacity as well as build new infrastructure to meet its target of 1 billion passenger trips on an annual basis.
The Indian aviation industry is witnessing growth at the rate of 28% and the Centre has planned an investment of Rs. 1 trillion over the next 5 years to boost capacity as well as develop new greenfield airports.

Also, at the same time, expansion and upgradation has been proposed for airports of Delhi, Hyderabad and Bengaluru for which an investment to the tune of Rs. 250 billion is earmarked over the next five years. The minister also highlighted that Union Cabinet has approved construction of new terminals in Lucknow, Chennai and Guwahati and for it an investment of Rs 50 billion is planned.
AAI on its own would provide funds totaling to Rs 201.78 billion in the next four-five years for developing airport infrastructure. Also, a capex of Rs. 500 billion is expected to be provided for development of greenfield airports of Navi Mumbai, Jewar and Mopa in Goa.
The minister also said that the ministry's 'digi yatra' programme is likely to be launched in phases in cities including Bengaluru, Hyderabad, Kolkata, Varanasi and Vijayawada by January 2019. As part of this programme, passengers would be able to enter the airport premises through the e-gate facility that shall have face recognition. All the services further will be received through face recognition.
It further clarified that as the passenger's data shall be put to use in the scheme it shall be at the discretion of the flyers to either opt for the scheme or not. It remarks the scheme as "voluntary in nature and non-intrusive".
With PTI Inputs
More From GoodReturns

Indane, HP & Bharat Gas Cylinder Booking Rules: OTP Mandatory After LPG Refilling Gap Increased to 25-45 Days

Crash in Gold Rate in India by Rs 71,400 in Single Day; Will Gold Price Today Fall Below Rs 1.50 Lakh? Outlook

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Sleeper Vande Bharat Express New Routes Identified for Long Distance Travel

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live: MCX Gold Ends Above Rs 1.40 Lakh, Silver Up 1%; 24K, 22K, 18K Gold On March 24

Gold Rate Crashes Over Rs 1 Lakh in Single Day, Slips to Lowest Since January; Will Gold Price Today Decline?

Gold Price Crash May Fuel Jewellery Demand: Why Kalyan Jewellers Share Price Could Shine Despite 5% Dip

Fatal Crash In Gold Rates In India By Rs 1,03,200/100 Gm; Biggest Single-Day Fall In 24K, 22K, 18K Gold Prices



Click it and Unblock the Notifications