Thursday, August 09, 2018

Government says Rs 268 crore collected as UDAN levy from airlines

The government today said an amount of Rs 268.10 crore has been collected as levy from various airlines towards regional air connectivity scheme.

The scheme, also known as 'Ude Desh ka Aam Nagrik', seeks to connect unserved and under-serve airports. To fund the scheme, an amount of Rs 5,000 is collected from airlines on every flight operated on major routes.

"All scheduled airline operators have been remitting the RCS levy. Total funds collected from RCS levy till August 3, 2018 is Rs 268.10 crore approximately," Minister of State for Civil Aviation Jayant Sinha told the Lok Sabha. In a written reply, he also said that no revenue has been earned by the Regional Air Connectivity Fund Trust (RACFT) under the scheme except for deposits of RCS levy.
09/08/18 moneycontrol.com