Business

PM Narendra Modi to inaugrate first UDAN flight from Shimla to Delhi today

After a long gap of four years, flight services will start in Shimla from today. Prime Minister Narendra Modi will inaugrate the first flight from Shimla on Thursday under government's subsidy-led UDAN flying scheme.

The flight will be operated by Alliance Air, the regional arm of Air India.

Air India on Tuesday had opened bookings for the first launch flight from Shimla to Delhi with all inclusive fares starting at Rs 2,036.

Under the UDAN (Ude Desh ka Aam Naagrik) scheme , nearly 50 per cent of the seats on every flight will cost Rs 2,500 per seat. This will be applicable for flights where the distance is less than 500 km and duration is one-hour.

The UDAN scheme offers subsidy to airlines on these routes, route monopoly for three years and a host of other concessions at landing airports.

Meanwhile, Trujet, a regional airline, announced the launch of services on three new routes starting from Thursday under the regional connectivity scheme UDAN.

The Hyderabad carrier will launch flights on Hyderabad-Cuddapah, Hyderabad-Nanded and Nanded-Mumbai routes, the airline said.

UDAN scheme is expected to create thousand of new jobs in the interiors of the country. Aviation has a multiplier effect on the economy. There will be requirement of security personnel and ground staff for the upkeep of the airports.

World X Rally announces its Indian maiden edition

New Delhi : The World X Series events, one of a kind and avant-garde format in lifestyle rallies announced its maiden India edition today. The rally t...

Dr. Gaurav Nigam launches highly researched play school 'Intelligentsia' in New Delhi

New Delhi: Dr. Gaurav Nigam, a well-known educationist, paediatrician, and author has announced the launch of 'Intelligentsia' a highly researched pla...

June WPI soars to 5.77%; marks a high of 4.5-years

New Delhi : India's wholesale inflation grew 5.77 percent in June, marking a four-and-half year high.Driven by some food items and fuel prices, the la...

Indian digital economy will touch $1 trillion-mark by 2022: DEA Secy

New Delhi : Economic Affairs Secretary Subhash Chandra Garg on Saturday said that India's digital economy is expected to touch a $1 trillion mark by 2...