The civil aviation ministry is considering a plethora of monetary incentives for stakeholders across the country™s fledging aviation industry to reduce operating costs for aviation players.
The objective behind the same is to enable the common man to fly at least once a year.The concessions are part of the draft aviation policy that is awaiting approval from the Ministry of Finance and the Prime Minister™s Office (PMO).
A lot of the incentives being looked at are subject to the approval of the PMO and the finance ministry. However, the objective is to provide fiscal incentives to fuel growth and at the same time to rationalize the operating costs of the aviation sector.
