World Bank data shows air freight transported by India went up from 96.3 million tonne kilometres in 1970 to 1,833.8 million tonne kilometres in 2015
GN Bureau | August 12, 2017
Minister of state for civil aviation Jayant Sinha in a reply to a question in the Lok Sabha said that air freight handled at Indian airports has grown by over 20 times from 0.08 million metric tonnes (MMT) in 1972-73 to 2.5 MMT in 2014-15.
As per the airports authority of India (AAI) data, the compound annual growth rate of air freight was 8.8 percent during 2013-14 to 2016-17.
In terms of million tonne-kilometres, the World Bank data also shows that air freight transported by India went up from 96.3 million tonne-kilometres in 1970 to 1,833.8 million tonne-kilometres in 2015.
In addition to this, the National Civil Aviation policy, 2016 also envisages growth of cargo volumes to 10 million tonnes by 2027.
Notably, the ministry had set up a committee on air cargo community system (ACCS) comprising stakeholders like customs authorities, and it was decided to grant approval to AAI for appointment of consultant to prepare a detailed project report for the development of a uniform and integrated web-based ACCS in the country, based on the above committee's recommendations.
Public-Private Partnerships (PPP) projects are always under scrutiny, given the options of alternative of traditional procurement for the government. The value-for-money debate is one of the essential parameters to judge any PPP. In the absence of any credible data on this regard, it is very difficult to e
Electoral bonds, introduced in January 2018 to bring in transparency in political funding, has emerged as the preferred route for making donations to parties, according to an analysis of the parties’ audit reports by the Association of Democratic Reforms (ADR). “Given the anonymi
With a humble beginning in 1875, the India Meteorological Department (IMD) – which is celebrating its 145thFoundation Day on January 15 – has marched forward with various milestones and paradigms to serve the society. When weather and climate are playing more and more role in our daily lives, h
Prithviraj Chavan, a senior Congress leader and former Maharashtra chief minister, is the key architect of the ruling Maha Vikas Aghadi (MVA) alliance that came to power after the three-day government of the BJP, supported by Ajit Pawar of NCP, fell apart just before the supreme court ordered an open b
Every winter Delhi experiences some of the worst air pollution levels in the world. Concentrations of particulate matter – PM10 and PM2.5 – regularly hover around values of 400 to 500, levels that are considered extremely hazardous by both Indian and international air quality standards. Doctors
Nobel laureate economist Abhijit Banerjee has sounded an alarm on the economic crisis and compared the present situation to the 1991 economic crisis, stressing that to revive the economy it is important to stimulate demand. Like elsewhere in the world, the level of trust in experts and the e