"Government is in the process of developing a comprehensive Civil Aviation Policy which shall provide a long term road map for the aviation sector...The growth of aviation and tourism industry also has significant ripple effects on other segments, particularly in the services and hospitality sectors", Raju said while inaugurating the 8th International Conference on Indian Civil Aviation & Tourism,' organised here by Assocham.
Noting that aviation and tourism have an inter-dependent relationship, the minister said that the tourism market grows by itself with new connections and a popular destination attracts the operation of more flights.
He said his ministry is working on an integrated inter-ministerial strategy to promote India as a regional aviation hub for both passenger and air cargo.
The ministry is also working to provide opportunities for skill development in the aviation sector and encourage industry to develop and assist in policies to ensure a steady and qualified pipeline of talent in aviation sector, he added.
On Tuesday, the Civil Aviation ministry had made a presentation to Prime Minister Narendra Modi on the draft aviation policy.
Sharma said that there has been wide ranging consultation and discussion with Prime Minister on the 5/20 rules, adding,"5/20 rule will be re-addressed with a certain changes or new norm."
At present, Indian carriers who have completed five years of domestic operations and having at least a fleet of 20 planes are eligible to fly on international routes.
Besides, the ministry has also discussed a complete 'Open Sky Policy' for the country that comes within a radius of 5,000 km, he added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
