New Policy for Civil Aviation Ministry

The Civil Aviation Ministry in India are looking to put together a new policy to help with new concerns and worries within the aviation industry. Issues being discussed are; pricing, security, safety, fuel prices and infrastructure.

A meeting was held today between senior officials within the Ministry and major stakeholders to discuss a whole range of issues in order to work out some sort of agreement.

A decision was made that all stakeholders should put forward any proposals for improvements by the middle of February. Those views and ideas would be placed on an official website for feedback and comments from other members and stakeholders. The meeting was attended by officials of KPMG, CAPA, FICCI, CII and ASSOCHAM.

The next meeting is planned for February again involving the Ministry and stakeholders. One suggestion was for a separate air cargo policy in order to improve infrastructure, regulatory framework and much needed improvement incorporating modern technology to cater to this fast growing industry.

It is projected that at least freight planes will be required over the next 20 years or so. Much needed investment is required to ease pressure on the current infrastructure and also tax breaks are required on jet fuel.