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The Dollar Business Bureau The National Civil Aviation Policy, 2016 has envisaged growth of cargo volumes to 10 million tonnes by 2027. As per data maintained by the Airports Authority of India (AAI), air freight handled at Indian airports grew by more than 20 times from 0.08 million metric tonnes in 1972-73 to 2.5 million metric tonnes in 2014-15, and its compound annual growth rate (CAGR) was 8.8% during 2013-14 to 2016-17. Measured in million tonne-kilometers, the data maintained by the World Bank also shows that air freight transported by India went up from 96.3 million tonne-kilometers in 1970 to 1,833.8 million tonne-kilometers in 2015. As per data maintained by the Airports Authority of India (AAI), air freight handled at Indian airports ...

The Dollar Business Bureau The Government has awarded 128 routes connecting 43 unserved and under-served airports to 5 selected airlines for commencing operations under Regional Connectivity Scheme (RCS) - UDAN in the 1st round of bidding. RCS flights from six RCS airports - Shimla, Nanded, Kandla, Porbandar Gwalior & Bhatinda-  have already commenced. The 2nd round of bidding under RCS-UDAN is likely to commence soon.  The Ministry of Civil Aviation launched RCS-UDAN  scheme on 21-10-2016  to facilitate/stimulate regional air connectivity by making it affordable. Promoting affordability of Regional air connectivity is envisioned under RCS by supporting airline operators through (i) concessions by Central Government, State Governments and airport operators to reduce the cost of airline operations on regional routes and (ii) financial ...

The Dollar Business Bureau The Airport Authority of India organised a health check-up and health discussion program for women workers on International Women's Day. On October 8, 2017, The Airports Authority of India (AAI) conducted a health check-up and health-related discussion program for women employees at the Rajiv Gandhi Bhavan. The joint camp organised with the help of SCI International Hospital, New Delhi also conducted blood sugar, blood pressure and BMI examination by women's health specialist doctors. The program commenced with Anuj Agarwal, Member (Human Resources) lighting a lamp. In his address to the gathering, he wished for the well-being and healthy life of all women employees. A large number of AAI women employees had enthusiastically participated in the health check-up program.

The Dollar Business Bureau The Ministry of Commerce on Monday sought clarifications from the Ministry of Mines with respect to the minimum import price of aluminium, as the government looks to take more steps to protect the domestic steel industry.  “They (the commerce ministry) raised certain queries. We are sending replies of those queries to the commerce ministry,” Mines Secretary Balvinder Kumar told PTI. He said the government will announce additional measures within a fortnight.  The government has been contemplating on imposing MIP on steel, a decision which could raise cheaper imports from various countries, thereby hurting the domestic aluminium manufacturers.  The Indian aluminium industry had earlier sought restrictions of MIP on aluminium imports, as on steel. India already has restrictive arrangements on steel.  A ...

The Dollar Business Bureau The decision of the Government of India to demonetise the currency ( 1000 and 500 notes) across the nation has led to currency hardship for airport users and air travellers. Hence, extending its support to the campaign and facilitating airport users and air travelers, AAI has decided to allow any Scheduled Commercial Bank to open and operate (on temporary basis) Currency Exchange Counter (small) for currency exchange without levying charges for space and electricity, etc. at its airports across the country December 31, 2016 subject to availability of space. Regional Executive Directors/Airport Directors of AAI airports have been directed accordingly. In case of query, any Regional Executive Director / Airport Director of the particular airport of AAI may be ...

The Dollar Business Bureau P. Ashok Gajapathi Raju, Hon’ble Union Minister of Civil Aviation launched AAI Cargo Logistics & Allied Services Company Limited (AAICLAS) on 25th October 2016 at Hotel Taj Palace New Delhi.  The AAICLAS is an independent cargo subsidiary company by corporatization of AAI’s Cargo Department.  Neera Rawat has been appointed as the MD of the subsidiary and BK Mehrotra the Chief Executive Officer of AAICLAS. The vision of the company is to become the foremost integrated Logistics Net Work operator in India with a primary focus on Air Cargo handling and allied services.  This new subsidiary will be allowed to develop its own distinct culture, organizational structure and business model while at the same time draw upon the strength of ...

The Dollar Business Bureau  Chandigarh International Airports Limited (CHIAL) has signed a Memorandum of Understanding (MoU) with Airports Authority of India (AAI) for the financial year 2016-17.  The MoU was signed by Dr. Guruprasad Mohapatra, IAS, Chairman, AAI with Sh. S. Raheja, Chairman, CHIAL. Board Member (CHIAL) and other officers of AAI were also present on the occasion.  This memorandum spells the targets to be achieved by AAI on key performance area during 2016-17.  CHIAL was also in the news recently for taking significant steps to go green and to reduce its carbon footprint. It signed a PPA (Power Purchase Agreement) of 25 years, with a leading renewable energy company ReNew Power, for solar installations. CHIAL intends to set up a 5MW capacity plant ...

The Dollar Business Bureau Dr. Guruprasad Mohapatra, IAS Officer of Gujarat Cadre, (1986 Batch) in the rank of Additional Secretary to the Government of India, took over as Chairman, Airports Authority of India, today, the 19th of July, 2016. Prior to joining AAI, he worked as a Joint Secretary in the Department of Commerce in Government of India. It was during this tenure that The Dollar Business Bureau had the chance to talk to him and gather inputs with regard to govt efforts to enhance exports through the EOU (Export Oriented Unit) scheme that the Govt had floated to encourage exports. Dr. Guruprasad has worked extensively in the power sector, urban development and industry, where he was involved in comprehensive reforms in the power ...