The much-awaited national civil aviation policy that seeks to strengthen regional connectivity and tap the sector’s high growth potential was on Tuesday cleared by the Union Cabinet.
Civil aviation minister Ashok Gajapathi Raju said the policy is a “game changer” and that the country’s aviation sector is poised to become the world’s third largest by 2022.
The policy has been finalised after nearly eight months since the ministry came out with the revised draft in October 2015 and follows many rounds of deliberations with stakeholders. The NDA government had for the first time unveiled the policy draft in November 2014.
“NDA government clears India’s first ever integrated National Civil Aviation Policy. This will be a game-changer for the sector,” Raju said in a tweet.
In another tweet, the minister said India would be the third largest civil aviation market by 2022. “To achieve this, we need right intentions, vision, planning and execution,” he added.
Significantly, India’s domestic air traffic market logged the fastest growth in the world for the 13th consecutive month in April. The market grew at nearly 22 per cent during the month.
“India’s domestic traffic soared 21.8 per cent, marking the 20th month of double-digit traffic growth and the 13th consecutive month it has led the domestic markets,” global airlines body, International Air Transport Association (IATA) had said last month. Roger Clemens Authentic Jersey