Saturday, August 05, 2017

UP to introduce new civil aviation policy

Lucknow: With a view to woo investments in the civil aviation sector in Uttar Pradesh, the Yogi Adityanath-led BJP government will introduce a new civil aviation policy, which will offer several sops to private investors.

The draft of the new policy has been prepared and circulated among all stakeholders to get feedback and accommodate necessary changes before the final announcement.

The state government is offering a SGST reimbursement on the sale of air tickets through the Regional Connectivity Scheme (RCS), free airport parking and night halt facility, free office space at airports, 50 per cent waiver on Route Navigation and Facilitation Charges (RNFC) for three years, free fire services, power on subsidised rates, free ambulance and medical facilities, bus connectivity services to nearby main cities, and the underwriting of vacant seats.

If any of the corporate houses set up manufacturing and assembly units in the state, the government will exempt them from S-GST for a period of ten years.
05/08/17 Srawan Shukla/DNA

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