Govt in 'mission mode' to expand aviation sector: PM Modi

October 22, 2016

Vadodara, Oct 22: Accusing previous governments of having "no vision" for aviation, Prime Minister Narendra Modi today said his government has come out with the first integrated policy for the sector and is working in a "mission mode" for its expansion which will spur growth and employment.modi

Dedicating the new integrated terminal building of the airport here, Modi noted that India in the near future would probably become the third country in the world in terms of airport activity benchmarks and "if you think only 80 to 100 airports are enough, then we are trying to create hurdles in the country's growth".

He said the country's development can take new dimensions if attention is given to tier-2 and tier-3 cities, which have the same potential, and referred to government's new regional connectivity scheme.

Attacking the previous governments, he said, "Earlier airports were set up, planes would fly but the country did not have an aviation policy.

"How to take the sector forward in next five or ten years and take care of its and passengers' needs, what should be done for common people, there was no vision in place earlier. It was just moving," he said.

"After the new NDA government came to power, for the first time since independence it formulated a new aviation policy for the country," he said inaugurating the terminal building which is now the country's second green airport after Kochi.

He said the new aviation policy will take care of the consumers' needs and the growth of the sector. Modi said that the aviation sector is growing at a very fast pace and more middle-class families aspire to travel by air.

"It is estimated that within five years, the situation in India would be such that the airports in the country would have as much footfall in a year as America's total population.

"You can well imagine how this sector is growing. India in the near future would probably become the third country in the world in terms of airport activity benchmarks. This will help increase employment opportunities and would spur economic activity," he said.

Spread in an area of 17,500 sq mt, the new integrated terminal has been built at a cost of Rs 160 crore. It has been designed to handle 700 passengers, including international fliers, per hour with 18 check-in counters, which would help in a seamless boarding process.

It took about seven years to complete the project as the then Civil Aviation Minister Praful Patel had laid the foundation stone in 2009.

The 8,100-meter-long runway of the Vadodra airport can handle small and narrow body aircraft such as Airbus 320 and Boeing 737s. Besides national carrier Air India, private airlines likes IndiGo and Jet aiways are operating from here.

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Dr joby
 - 
Sunday, 23 Oct 2016

knowing the expansion plan in advance Meredian college Mangalore started Aviation Management course for mangaloreans

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News Network
August 8,2020

Bengaluru, Aug 8: Karnataka government on Friday issued revised guidelines for international returnees.

According to the guidelines, all the travelers shall submit self-declaration form on the Yatri Karnataka online portal at least 72 hours before the scheduled date of travel.

"All travelers shall submit Self-declaration forrn on the Yatri Karnataka online portal (http://www,covidwar.karnataka.gov.in or http://parihara.kaarnateka.gov.in/service38/) least 72 hours before the scheduled date of travel," it read.

It said that Before Boarding Do's and Don, about COV1D-19 quarantine, testing, etc. shall be provided along with ticket to the travellers by the travel agencies concerned.

All passengers shall download Arogya Setu app, Quarantine watch app end Apthamitra App on their mobile devices, (https://covid-19.karnataka.gov.in/new-page/softwares/en).

At the time of boarding the flight/ ship, only asymptomatic travellers shall be allowed in board after thermal screening.

"Deboarding should be done by ensuring physical distancing of two meters. 

Self-declaration form shall be obtained from each passenger in duplicate," the guidelines read.

Karnataka has 75,076 active cases of the virus with 80,281 recovered and 2,897 deaths so far. 

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
April 28,2020

Bengaluru, Apr 28:  Karnataka Chief Minister B S Yediyurappa today launched a Helpline service for Kannadigas residing outside Karnataka.

On April 24, Dakshina Kannada district in-charge Minister Kota Srinivas Poojary in a letter to the Chief Minister requested a helpline for stranded Kannadigas in Mumbai, other States and other countries.

The helpline will help resolve the problem of stranded Kannadigas across the country. After a request is made, local authorities of the caller will be contacted to provide the required help. The helpline will be operated from Bengaluru and staffed with 50 employees in three shifts.

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