December 5, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

PM To Launch Noida International Airport Today, UP’s Fifth: 10 Points


PM To Launch Noida International Airport Today, UP's Fifth: 10 Points

New Delhi: Prime Minister Narendra Modi will lay the foundation stone of the Noida International Airport in Uttar Pradesh’s Gautam Buddh Nagar at 1 pm. This will be UP’s ninth airport and its fifth international airport – the most of any state.

Here are the top 10 points in this story:

  1. “25th November is a major day for India’s and Uttar Pradesh’s strides in infra creation. At 1 pm the foundation stone of the Noida International Airport will be laid. This project will significantly boost commerce, connectivity and tourism,” the PM tweeted. Chief Minister Yogi Adityanath said he expects investments of over Rs 10,000 crore after the first phase and up to Rs 35,000 crore once the airport is fully built.

  2. In a statement issued Wednesday, the centre said the development of the airport was in line with the Prime Minister’s vision of creating a “future-ready aviation sector”. The centre also claimed “special focus” on UP – which will hold elections next year, with the BJP bidding to retain control of the key state ahead of the 2024 general election.

  3. This will be PM Modi’s first public event in western UP since he announced the withdrawal of the farm laws last week. The three laws triggered 15 months of fierce protests, with a bulk of protesting farmers from Punjab and the western districts of UP.

  4. The new airport will be about 72 km from Delhi’s Indira Gandhi airport, which is the only other international airport in the national capital region. It will be about 40 km from Noida and roughly the same distance from a planned multi-modal logistics hub at Dadri.

  5. It will be spread over 1,300 hectares and built over four phases, with work on the first scheduled to be completed by 2024 – when the country will vote in the Lok Sabha election. The estimated cost for the first phase is Rs 10,500 crore, the centre has said.

  6. The airport, however, has run into controversy over protests from farmers whose lands had been acquired for construction. They have camped in tents 700 metres from the airport. A local BJP MLA admitted land had been acquired in a hurry.

  7. Fully operational, the Noida International Airport is expected to serve around 1.2 crore passengers per year, with Delhi, Noida, Ghaziabad, Agra, Faridabad, and nearby areas set to benefit. It will also decongest traffic in and around IGI airport, the centre has said.

  8. Connectivity will be handled by a “multimodal transit hub” with metro and high-speed rail, as well as taxi and bus, services. Noida and Delhi will be linked via “hassle-free metro services” and major roads will link the airport to other cities, the centre said.

  9. The cargo terminal will have a capacity of 20 lakh metric tonnes, that can be expanded to 80 lakh metric tonnes. The airport, the centre said, would facilitate “seamless movement of industrial products” and help boost industrial growth in the region. Billed as India’s first ‘net zero emissions’ airport, the centre also land will be set aside for a ‘forest’.

  10. Uttar Pradesh has eight operational airports at present, including international airports in Lucknow and Varanasi (Prime Minister Modi’s constituency). A third was inaugurated at Kushinagar (a Buddhist pilgrimage site) last month and a fourth – in the temple town of Ayodhya – which the BJP has grand plans to convert into a tourist hub.

With input from ANI, PTI

Share This :