Regional connectivity scheme crafted for people to make money: Jayant Sinha

Have made it profitable to fly smaller planes; this is a turbo prop market, says aviation minister

Minister of State for Aviation JAYANT SINHA has spent the last nine months working on the ins and outs of the regional connectivity scheme (RCS). Wearing his McKinsey, Courage Capital and Omidyar network hats, Sinha says that the scheme is designed not as a bureaucrat would think but as a businessman would and is crafted to make money. He spoke to Anjuli Bhargava on the contours of the scheme. Excerpts:
 
Can you explain the RCS and how it will work?
 
India’s aviation sector has three distinct parts: The international market, where Indian carriers have been doing very poorly