National Air Sports Policy 2022 has been launched by Civil Aviation Minister Jyotiraditya Scindia to tap the country’s potential in the field of air sports.
Let’s know what the policy says about air sports and how it will help generate revenue:
1. This policy can be an economic multiplier and generate revenue of Rs 8,000-Rs 10,000 crore.
2. The Air Sports Federation of India (ASFI) shall be the nodal body for air sports.
3. Besides, 13 other air sports associations will be formed for other air sports disciplines like aerobatics, powered aircraft, rotorcraft, ballooning, drones, parachuting, aeromodelling and model rocketry, gliding and powered gliding, hand-gliding, paragliding and paramotoring.
4. Besides regulating air sports, ASFI will also give certification, organise competitions, and provide awards.
5. Also, the government will request the Goods and Service Tax Council to consider rationalising rates on sports equipment to 5 per cent or less in order to make air sports affordable, as per a report.