Scrap 5/20 rule, reduce taxation to make airlines turnaround Sanat Kaul, Jan 26, 2015, DHNS What is 5/20 in Indian civil aviation? Air Corporation Act of 1953 was repealed in 1994 which abolished the monopoly of Indian Airlines and Air India and allowed private airlines to operate in India. However, Air India maintained its monopoly over international flights as no other airline was allowed to fly abroad. Slowly, domestic airlines led by Jet started demanding that they should also be allowed to go abroad. Since overseas fights involved a bilateral air service agreement between two countries, the airline of a country have to be designated in the agreement. In order to enable private airlines to go abroad, some criteria was required and this was evolved as the formula of 5/20. This meant that an India airline could qualify for an international flight only if it has completed 5 years of domestic service and has 20 aircraft. This policy formulation was unprecedented as it was...
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India needs a proper debate on the Land Act By Dr. Sanat Kaul and Prof D.B. Gupta Published: 22:18 GMT, 15 February 2015 | Updated: 22:18 GMT, 15 February 2015 The Ordinance issued for the amendment to Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 has raised more controversy. The debate has, unfortunately, not been looked at from a proper perspective. The issues are as follows: over the last 67 years since Independence, the nature of our economy has undergone a major demographic and sectoral change. The population has grown from around 300 million to 1.2 billion. Unregulated policy may lead to massive migration and more slums The GDP ratio between agriculture, industry and services...