Page-24 of GS-III: Economic Development
Indian Airlines & Air India’s Merger: Historical Background
Air India, formerly named Tata Airlines was founded by JRD Tata. It was converted into a Public Limited Company on July 29th 1946 and renamed as Air India, primarily operating on international routes. Indian Airlines (Indian Airlines Limited from 1993 ..
Open Sky Policy
Open sky refers to an agreement between two countries to allow any number of airlines to fly from either of them without any restriction on number of flights, number of destinations, number of seats, price and so on. However, this ..
Maintenance, Repair and Overhaul (MRO) Industry in India
The importance of aircraft Maintenance, Repair and Overhaul (MRO) industry can be gauged with the fact that airlines spend some 13–15 percent of their revenues towards maintenance, which makes it the second-highest cost item for airlines after fuel. India’s MRO ..
Current Status of Airport Privatization in India
100% Foreign Direct Investment (FDI) is permitted for Greenfield airport projects under the automatic route. Up to 74%-100% in brownfield airport projects. Up to 49% FDI is permitted in domestic scheduled passenger airlines under the automatic route. 100% permitted for ..
Civil Aviation Sector in India
India is the fastest-growing aviation market. Liberalisation of the aviation sector in nineties resulted in a remarkable growth, as a large number of private service airlines entered the sector. The total number of airports or airfields recognisable from the air are ..
Petroleum And Explosives Safety Organisation
Petroleum And Explosives Safety Organisation (PESO) is a non-statutory body that control and administers the usage of explosives, petrol stations in India. The agency issues licenses for Operation of Petrol Stations, Licenses to operate Petroleum Product Transportation vehicles, Licenses for ..
Integrated Energy Policy in India
The Manmohan Singh government had launched an Integrated Energy Policy in mid 2000s. That policy envisaged an energy mix that focused on augmenting the domestic energy resource base and increasing efficiency while strategizing India’s stakes in energy assets overseas. The ..
Link between food, water and energy securities
In spite of the technological advances made in past few decades, a substantial part of the global population still faces food, water and energy shortages, with the aim of achieving security in all three areas far from being realized. However, ..