New Delhi: An official panel has recommended creation of a strategic plan to enable growth of the civil aviation sector and another master plan for development of airports across the country over a two-three decade timeframe.
The National Transport Development Policy Committee, set up under the Planning Commission, has also suggested steps to relax ownership and control rules governing airline sector, saying such a move was "expected to result in significant benefits in terms of financing costs especially at a time when the industry has launched itself in the path of higher trajectory of growth".
The Committee, headed by former RBI Deputy Governor Rakesh Mohan, also recommended setting up of an Airport Approvals Commission within the Civil Aviation Ministry to review and clear the airport development plans on an ongoing basis.
Read news in full 28/02/14 PTI/Financial Express
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