New Delhi: Consultancy firm KPMG today asked the new government to initiate reforms in the aviation sector by privatising Air India, getting states to develop no-frills airports, slashing sales tax rates on jet fuel and giving a tax holiday on aircraft maintenance facilities.
Listing out top priorities for the new government, KPMG's India head of aerospace and defence Amber Dubey also suggested establishment of an inter-ministerial group on aviation to facilitate faster decision-making across ministries like home, defence, finance, tourism and environment on issues relating to the aviation sector.
Besides privatising Air India, the new government should also undertake a complete overhaul of aviation regulator DGCA.
It should abolish the rule for allowing Indian carriers to fly abroad (five years of domestic flying and a 20-aircraft fleet) and conduct a debate on the need for an open sky policy within the country, Dubey said.
23/05/14 PTI/Business Standard
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Listing out top priorities for the new government, KPMG's India head of aerospace and defence Amber Dubey also suggested establishment of an inter-ministerial group on aviation to facilitate faster decision-making across ministries like home, defence, finance, tourism and environment on issues relating to the aviation sector.
Besides privatising Air India, the new government should also undertake a complete overhaul of aviation regulator DGCA.
It should abolish the rule for allowing Indian carriers to fly abroad (five years of domestic flying and a 20-aircraft fleet) and conduct a debate on the need for an open sky policy within the country, Dubey said.
23/05/14 PTI/Business Standard
