1 / 14

Ministry of Civil Aviation releases Vision 2040 PDF

In this PDF we will discuss about “Ministry of Civil Aviation releases Vision 2040” PDF You can get here latest burning issues current affairs free PDF download here with all information regarding exams. More PDF Download then visit this link https://www.studyiq.com/downloads/free-pdfs

studyiqeducation
Download Presentation

Ministry of Civil Aviation releases Vision 2040 PDF

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Ministry of Civil Aviation releases Vision 2040 document You can also follow me for updates and pdf :- Instagram:- vironika_om Facebook:- m.facebook.com/vironika om

  2. Relevance • Mains Paper 3: Economy | Infrastructure: Energy,  Ports, Roads, Airports, Railways etc. • Objective level: Aviation related stats • Subjective level: The potential of the aviation sector  and dealing with various issues associated with it

  3. Why in News? • The Ministry of Civil Aviation has unveiled the  Vision 2040 document, which highlights the  growth potential in different sub-sectors of  Indian aviation and the key action steps are  required to be taken to achieve the desired  objective.

  4. Indian Aviation • Increase in passenger traffic • India is now the seventh largest aviation market • Cargo Traffic in future. • Indian Aviation is witnessing great switchover  from Railways • Manufacturing

  5. Highlights of Vision 2040 • As per the document the total passenger traffic (to, from and  within India) in India is expected to rise nearly six-fold from 187  million in FY 2018 to around 1124 million in FY 2040. • This includes around 821 million domestic passengers and  around 303 million international passengers (to and from India). • The overall CAGR (compound annual growth rate) works out to  around 9% in domestic and 7% in international traffic during FY  2018-2040.

  6. Long-term plan • Rather than having five-year plans, the  document talks about India having a robust  20-year plan that lays out the targets and the  path to get there along with time lines and  clear accountability.

  7. • High growth path • Various Initiatives

  8. Suggestions for policy reforms • Nabh Nirman Fund (NNF)  • Changes in tax structure • DGCA may be converted into a fully- independent Civil Aviation Authority, 

  9. Challenges • Infrastructure related problems • Poor Financial Health of Indian Airlines • Air Safety and Security is another challenge. • Absence of Maintenance and Repair Organizations (MRO) in India. • Not much improvement in Cargo Traffic

  10. Way Forward • Involvement of as many as agencies, possible,  is required for building Infrastructure and thus  boosting Aviation Sector. • The Central Government and the State Governments should make a concerted effort,  for this sector to grow at a good pace.

  11. THANK YOU..! Contact:- Email: Vironika.studyiq@gmail.com Instagram :- vironika_om Facebook: :- m.facebook.com/vironikaom Telegram channel : t.me/vironika_om

More Related