Domestic air traffic in the country has again picked up pace during the current financial year and is expected to touch around 97 per cent of the pre-covid level. <br />''<br />''This information was given by the Minister of State for Civil Aviation Gen. (Dr) V. K. Singh in a written reply to a question in Lok Sabha on Thursday. He said, India witnessed a double-digit Compound Annual Growth Rate, CAGR of 14.5 per cent in terms of domestic passenger traffic during the period 2014-15 to 2019-20. <br />''<br />''During 2020-21 and 2021-22, there was a dip in domestic air traffic due to the impact of the COVID-19 pandemic. The Minister said, the Government is proactively supporting the aviation sector by providing a stable policy environment and incentivising competition-led growth. <br />''<br />''Gen. (Dr) V. K. Singh said, the Airports Authority of India and other airport developers have taken up the development of new and existing airports with a projected capital expenditure of approximately 98 thousand crore rupees in the next five years for expansion and modification of existing terminals, new terminals and strengthening of runways, among other activities.<br />