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Construction : Policy | May 2016 | Source : Infrastructure Today

Govt likely to come out with new AVIATION policy in May

The Centre has proposed to implement the new civil aviation and tourism policy in May. The Ministry will take a decision on the controversial 5/20 rule in the new policy. ¨The new civil aviation policy will address both the issues of opening up the skies and regional connectivity in a very aggressive and fulfilling manner,¨ said Union Minister of State for Civil Aviation Mahesh Sharma. He said the government will make operational 100 of the total 378 airstrips for regional connectivity with an investment of Rs 50-100 crore each. He added that the new policy envisages a fare of Rs 2,500 for flights of one hour duration in tier II and III cities under the regional connectivity scheme. Further, the Minister said the government has no move to regulate economy class airfares for domestic routes. ¨The government is working with airline companies to arrive at a consensus to fix the upper bracket,¨ he added.
 
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