SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

AAI to spend around Rs 25,000 crore in next 4-5 years to meet expected growth in aviation sector: Vijay Kumar Singh

05 Aug 2021 Evaluate

Minister of State in the Ministry of Civil Aviation, Vijay Kumar Singh has said that Airports Authority of India (AAI) has taken up development programme to spend around Rs 25,000 crore in next 4-5 years for expansion and modification of existing terminals, new terminals, expansion or strengthening of existing runways, aprons, Airport Navigation Services (ANS), control towers, technical blocks, etc. to meet the expected growth in the aviation sector.

The government has taken several measures for reforms in the Civil Aviation sector of the country by providing top-class infrastructure and facilities. He further informed that the government has accorded 'in-principle' approval for setting up 21 Greenfield Airports across the country. 

The minister stated that the government is promoting private investments in existing and new airports through the public-private partnership (PPP) and under Regional Connectivity Scheme (RCS) - Ude Desh ka Aam Nagrik (UDAN), as of July 27, 2021, 359 routes have commenced connecting 59 unserved and underserved airports, including 2 water aerodromes and 5 heliports.  

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: