All stakeholders, including airlines, state governments, among others, were earlier given time till today to send their suggestions and comments on the ambitious scheme, unveiled on July 1, which seeks to provide air connectivity to unserved and underserved areas of the country.
"Draft Regional Connectivity Scheme (RCS) is placed in public domain for feedback from stakeholders ... Date for sending the suggestion and comments in the prescribed format has been extended till July 31," a Civil Aviation Ministry notification said.
The draft was initially expected to be finalised by August.
Under the proposed scheme, air ticket prices would be capped at Rs 2,500 for one-hour flights on unserved and under-served routes.
There are 394 unserved and 16 underserved airports in the country.
As part of the RCS, the government plans to provide a Viability Gap Funding, which would be financed through the Regional Connectivity Fund (RCF).
The Ministry would contribute 80 per cent of the VGF, while respective state governments would chip in with the remaining 20 per cent to the fund, which will have a corpus of Rs 500 crore each year.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
