’50 new airports will improve regional connectivity’

Cyrus Katgara, Partner, Jeena and Company says, “The union budget seems very positive towards air cargo and we have seen the due recognition given with 50 additional airports, aerodromes and helipads which will tremendously improve the regional connectivity across the country resulting in the growth and seamless movement of air cargo. Further, the prioritization of 100 identified critical transport projects for last/first mile connectivity for ports and other sectors, will provide the necessary boost for the implementation of the National Logistics Policy. The increase in rebate and simplification of income tax slabs will definitely go a long way in reducing the tax burden on individuals.”