The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.
Tag: aviation sector
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GST, demonetisation may hit aviation sector
The GST which is expected to be rolled out in 2017 and the on-going demonetisation drive could impact the growth prospects of the domestic aviation industry in the next fiscal, the Centre for Asia Pacific Aviation (CAPA) has warned.
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Privatisation of airports has transformed airport experience
Paramprit Bakshi, Associate General Manager, CAPA, opines that for the aviation industry to gain momentum, a transition from ad-hoc decision making to a rule-based operating environment is a pre-requisite.
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Take off issues
Regional airports face peculiar problems and require solutions tailored to enhance their economics. There is a need for a multipronged approach to address issues affecting the economies of these airports,
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Leading privatisation
Rajesh Srivastava, currently the Managing Director, Meinhardt India, has over 18 years of professional experience in the directorship and management of leading organisations in India, ranging from multinational infrastructure comĆĀ”panies to small-scale industries.
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New policy soon for growth of aviation sector
For a new policy of sustainable and orderly growth of aviation sector in the country, the Union Civil Aviation Ministry has prepared a white paper, the Rajya Sabha was told on March 22. To have a sustainable and orderly growth of the aviation sector, the Ministry has felt the need to spell out a long-term Civil Aviation Policy to address various issues related to the sector, Union Minister of State for Civil Aviation KC Venugopal said.
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