They would have to address crucial issues facing the aviation sector including construction and upgrade of airports including low-cost ones across the country, reviewing the 5/20 rule to allow Indian carriers to launch global operations and the issue of downgrade of India's safety ranking by US regulator Federal Aviation Administration (FAA).
While Raju is a veteran leader, Politburo member of the Telugu Desam Party and a seven-time legislator, Siddeswara is a senior BJP leader elected from Davangere constituency of Karnataka for the third successive term since 2004. Raju, known for his philanthropic activities, belongs to the titular family of Vizianagaram.
The Ministry has recommended to the new government to continue the turnaround plan and infuse the much-needed equity in Air India, whose profitability has been steadily improving. This recommendation was made despite some quarters suggesting privatisation of the national carrier.
Another major issue would be the modernisation of six metro airports, including those at Chennai and Kolkata, and almost 30 non-metro airports and the work would have to begin soon. Besides, there is a growing demand for building of low- cost airports in various parts of the country.
An overall presentation on these and other issues would be made to the Ministers soon after they take charge. This would be followed by detailed briefings on every crucial aspect of the sector, official sources said.
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
