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Minister for Civil Aviation Jyotiraditya Scindia unveiled the much-awaited fourth runway and elevated dual eastern cross taxiways at Indira Gandhi International (IGI) airport in the national Capital

Newsmantra — Sat, 15 Jul 2023 12:47:31 +0000

Minister for Civil Aviation Jyotiraditya Scindia unveiled the much-awaited fourth runway and elevated dual eastern cross taxiways at Indira Gandhi International (IGI) airport in the national Capital.

The post Minister for Civil Aviation Jyotiraditya Scindia unveiled the much-awaited fourth runway and elevated dual eastern cross taxiways at Indira Gandhi International (IGI) airport in the national Capital appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Delhi Airport: Dual Elevated Eastern Cross Taxiways, 4th runway to be operational from July 13, 2023

Newsmantra — Mon, 10 Jul 2023 08:44:51 +0000

The dual elevated Eastern Cross taxiway and the fourth runway at the airport in the national capital will be operational from July 13, a senior official said on Friday. The Indira Gandhi International Airport (IGIA) in the national capital now has three runways. With the Eastern Cross Taxiways (ECT), the distance an aircraft has to travel after landing on the third runway and traveling to Terminal 1 will now be reduced from 9 kms to 2 kms.

This will also reduce the time passengers spend on the road before and after take off and landing. GMR Group Deputy Managing Director I Prabhakar Rao said on Friday that the fourth runway and ECT would be operational from July 13. Bharat times

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Delhi Airport: Dual Elevated Eastern Cross Taxiways, 4th runway to be operational from July 13, 2023

Newsmantra — Sun, 09 Jul 2023 07:52:30 +0000

Big Increase In The Authorized Capital Of Food Corporation Of India

Newsmantra — Wed, 27 Nov 2019 06:55:45 +0000

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved to increase the authorized capital of Food Corporation of India (FCI) from existing Rs.3,500 crore to Rs.10,000 crore.

With the increase of authorized capital, additional equity capital can be infused in FCI through Union Budget, to fund the foodgrains stock, perpetually held by FCI. This will reduce the borrowings of FCI, save interest cost of FCI and reduce food subsidy in consequence.

The operations of Food Corporation of India require maintaining perpetual stock of foodgrains which needs to be funded by the Govt. of India through equity or long term loan. The Govt. of India is providing equity to FCI for maintaining stocks. The present authorized equity capital of FCI is Rs.3,500 crore and paid up equity capital as on 31.03.2019 is Rs.3,447.58 crore.

Food Corporation of India was constituted under the Food Corporations Act, 1964, to implement the food policy of Government of India. Its primary objective is to ensure Minimum Support Price to farmers, maintain buffer stock of foodgrains and distribution of foodgrains under National Food Security Act and other welfare schemes of Govt. of India.

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