New civil aviation policy |
India`s Union Cabinet has cleared the Civil Aviation Policy unveiling a slew of passenger-friendly measures including capping of airfares at Rs 2,500 for an hour-long flight.The Civil Aviation Ministry had sent the civil aviation policy to Cabinet for approval on June 3.The NDA government had for the first time unveiled the policy draft in November 2014, subsequently replacing it with another draft in October 2015.Initially, the policy was expected to be finalised in the last financial year as certain proposals were to be implemented from April 1, 2016.Since then, the Government has been moving back and forth on the matter, primarily to strike a balance between various stakeholders on their glaring differences over issues like the 5/20 rule that allows a carrier to fly abroad only if it has 20 aircraft and has flown domestic for five years.
|
|
|
|