Yogi Adityanath: Uttar Pradesh to procure Dornier aircraft to ferry passengers
For the first time, Hindustan Aeronautical Limited (HAL) manufactured Dornier aircraft will be used to ferry passengers. The Uttar Pradesh government will sign a memorandum of understanding (MoU) with HAL for two 19 seater Dornier aircraft for non-military purpose
)
For the first time, Hindustan Aeronautical Limited (HAL) manufactured Dornier aircraft will be used to ferry passengers. Uttar Pradesh Chief Minister Yogi Adityanath said on Tuesday that his government will sign a memorandum of understanding (MoU) with HAL for two 19 seater Dornier aircraft for non-military purpose.
"The aircraft can be used to ferry passenger from one destination to another. We can run such services," Adityanath said. While making an elaborate presentation about the Defence Expo 2020, the Chief Minister said that flight services could be started from Lucknow to Varanasi or Lucknow to Agra.
He also said that his government is making a military manufacturing policy so that Uttar Pradesh can become a hub of defence production.
The Chief Minister stressed that his government will ensure that the UP Defence Industrial Corridor, one of the two defence corridors in India spread across Chitrakoot, Jhansi, Kanpur, Lucknow, Agra and Aligarh, becomes a success story.
"We now have a land bank of 25,000 acres. We welcome defence industries to set up their units here," he said.
The Chief Minister also said that the corridor is being developed with an objective of promoting indigenisation and supporting the `Make in India` initiative towards fulfilling equipment requirements worth over $250 billion by 2025.
See Zee Business Live TV Streaming Below
To meet this target, the Chief Minister announced that his government has planned to develop the Ganga Expressway from Uttar Pradesh to Bihar.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Monthly Income From One-time Investment: How Rs 13,00,000 mutual fund lump sum deposit may give you Rs 2,27,000/month for 30 years
)
7 Stocks to Buy for Short Term: Analysts recommend largecap, midcap scrips for 2 weeks; Maruti Suzuki, Cochin Shipyard, HAL on the list
)
444-Day Special FDs: SBI, IDBI, BoB and Punjab & Sindh Bank; which fixed deposit can provide highest return on your Rs 6 lakh investment?
)
Power of Compounding in One-time Investment: Rs 2,00,000 investment for 35 years vs Rs 10,00,000 for 20 years; which can create larger corpus?
)
8th Pay Commission Revised Pay Calculations: What will be your revised salary at 1.92 fitment factor if your current basic pay is Rs 22,100, Rs 25,100, Rs 33,900, or Rs 41,000?
)
Power of Compounding in One-time Investment: Rs 1,00,000 investment for 40 years vs Rs 3,00,000 for 30 years vs Rs 5,00,000 for 25 years; which can generate highest return?
10:39 AM IST