Zaidi lays down road map for aviation growth

New Delhi: The government would create a new framework for pushing aviation growth in the next decade, strengthen regulatory systems and provide more certainty in policies, civil aviation secretary-designate Nasim Zaidi said today.
During this financial year, the country’s airports will handle 85 million passengers, likely to grow to 250-300 million in a decade, Zaidi estimates. ‘‘The last decade saw a lot of ad hoc responses but we have to create a new framework for the next decade,” he said at an aviation meet in Delhi. Laying down a road map for things the aviation industry can expect, Zaidi said the system needed certainty in terms of market access, licensing, ground-handling policy, equity as well as a professional regulatory system to deal with this kind of growth.
The government would also look at a positive fiscal regime for airlines to address their concerns on sales tax, withholding tax and tax on MROs (Maintenance Repair and Overhaul units for aircraft) for third-party maintenance.
26/11/10 Business Standard

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Categories: Indian Aviation- In General Nov 2010