New Delhi: The Union Cabinet has given its node to mush awaited civil aviation policy in New Delhi on Wednesday to strengthen regional connectivity.
India’s Civil Aviation Minster Ashok Gajapathi Raju said that with the policy country’s aviation sector is poised to become world’s third largest by 2022.
The Ministry has finalised this policy after nearly eight months of wait. Since Ministry came out with the revised draft in October 2015 and follows many rounds of deliberations with stakeholders.
“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.
The India’s domestic air traffic has logged the fastest growth in the world for the 13 consecutive months in April and the market grew at nearly 22 percent during the month.