The Minister said that Indian aviation industry has overcome many challenges to become one of the world’s most lucrative aviation markets
New Delhi: Union Minister for Civil Aviation, Jyotiraditya Scindia has urged the states and Union Territories to reduce the value-added tax (VAT) on jet fuel as it will help in increasing air traffic.
Speaking at a conference of the ministers of civil aviation from states & UTs in Delhi on Friday, Scindia said that there is a need for 9,500 pilots.
He also said that we need 9,500 pilots and over 40 per cent of pilots go abroad for training.
“At present, we need 9,500 pilots. Over 40% of pilots go abroad for training. Again there is forex outgo. The training cost of a pilot is around Rs 1.5-2 crore. We’ve to move flying/pilot training here,” he said.
Earlier, Scindia has said that seven states and Union Territories have slashed their Value Added Tax on Aviation Turbine Fuel (ATF) and he expected other states to follow the…