Government Gives In-Principle Nod To Jewar Airport
The Centre has given an in-principle approval to the proposed Greenfield Airport near Jewar in Gautam Budh Nagar during a steering committee meeting held in New Delhi.
The approval was given at the meeting yesterday attended by Principal Secretary of Civil Aviation SP Goyal and other senior officials, Special Secretary, Civil Aviation, Suryapal Gangwar said today.
The detailed project report and techno-economic feasibility report for the project has been prepared by Pricewaterhousecoopers. As per the report, the acquisition of 1,441 hectare land in eight villages is proposed for the airport which will be built as a public-private partnership.
The work for the project will be taken up in four phases at an approximate cost of Rs 15,754 crores, he said. The airport will have two runways with a capacity to handle 700 lakh passengers annually. It will also have a cargo handling capacity of 3 million metric tonnes per year.
Preliminary work on the project had started in April 2017 and coordination between the Centre and the state resulted in an approval within one year time, he said.
The steering committee had given site clearance to the project in July last year. The Yamuna Expressway Industrial Development Authority has already been made the nodal agency for this project, Gangwar said.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.