Deal signed for development of occupational map in aviation

The Indian arm of global consultancy KPMG has collaborated with the Aerospace and Aviation Sector Skill Council (AASSC) to develop occupational map for the aerospace and aviation sector.
The agreement, signed between KPMG India and AASSC, provides for design and development, manufacturing and assembly, airline operations, airport operations and MRO (maintenance, repair and overhauling), a statement by the consultancy said today.
The occupational map will list the possible job roles along with the skill levels in each sub-sector, the statement said.
Subsequently, KPMG will develop National Occupational Standards (NOS) for 70 job roles where there is high demand, it said.

"This is a humungous task as there is a need to work with various industry players in the aerospace and aviation sector while drafting the NOS and getting their validation. After going through an elaborate process, the NOS for each job role shall be notified by the Central government," the statement said.
According to a study instituted by the Civil Aviation Ministry, the domestic aviation sector is projected to employ nearly four million people in two decades, driven by improved economic activities and labour productivity.

"Our estimate indicates that by 2035, the Indian civil aviation sector (across the study segments of airport, airlines, cargo, MRO (Maintenance, Repair and Overhaul) and ground handling) will employ 0.8 to 1 million personnel directly and another 3 million indirectly (for 1 direct job about 3.5 indirect jobs are created)," the study said.

While emphasising the need for having skill development programmes across various levels in the sector, the study suggested setting up of the National Civil Aviation Training Entity (NCATE).
(REOPENS DEL40)
Interestingly, the relaxation in FDI norms came less than a week after the much-awaited new civil aviation policy was unveiled, wherein the government scrapped the contentious 5/20 international flying norms for domestic airlines.
Under the 5/20 norm, only carriers that have been in operation for at least five years and having a fleet of minimum 20 planes were allowed to fly overseas.
The requirement of five years operational experience has now been done away with.

Currently, there are three local airlines where overseas carriers have significant stakes. Singapore Airlines owns 49 per cent stake in Vistara while Malaysia's AirAsia Berhad has 49 per cent shareholding in AirAsia India. Gulf carrier Etihad Airways is a 24 per cent stakeholder in full-service airline Jet Airways.
Unveiling the reform measure, the government on Monday said that for NRIs, 100 per cent FDI would continue to be allowed under the automatic route.
"However, foreign airlines would continue to be allowed to invest in capital of Indian companies operating scheduled and non-scheduled air-transport services up to the limit of 49 per cent of their paid-up capital and subject to the laid-down conditions in the existing policy," it had said.

With regard to airports, the government has permitted 100 per cent FDI in brownfield projects through the automatic route.
Currently, 100 per cent FDI is allowed through the automatic route in greenfield airport projects while it is 74 per cent in brownfield ones.