Business Today

Vision 2047: Everyone Must Fly

adly, while all sectors have grown by leaps and bounds, Indian aviation has become ‘the sick man of India’. Thanks to choking regulations, tough entry barriers for new entrants, high fuel prices abetted by high taxes, inefficient public sector airports paving the way for monopoly airports that are extortionist in the absence of robust competition and the lack of a long-term strategic policy, growth of aviation has again slumped. Multiple airports serve cities like New York, London, Paris and Washington DC. We need privatisation but not cartelisation. Airports must compete like airlines to keep prices under check and improve the

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