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Maharashtra Government has signed MoU with Airports Authority of India

The Union Ministry of Civil Aviation, Maharashtra Government and Airports Authority of India (AAI) on 23 August 2016 signed a tri-partite Memorandum of Understanding (MOU) for successful launch of the Regional Connectivity Scheme (RCS).
•    The 10 airports that will be developed are- Kolhapur, Shirdi, Amravati, Gondia, Nashik, Jalgaon, Nanded, Solapur, Ratnagiri and Sindhudurg will be developed.
•    The state will contribute 20 percent cost of Viability Gap Funding, whereas the centre will bear the remaining 80 percent cost.
•    The state government will reduce the Local Body Tax (LBT) on air fuel from existing 10 percent to 1 percent for a period of 10 years.
•    Moreover, the government will provide essential land free of cost.
•    These airports will be provided with roads, rail, Metro and waterway connectivity. 
•    The state government will also provide electricity, water and necessary facilities at concessional rates.
 

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