India’s aviation industry has urged the government to take steps for financial aid, including funds infusion into airlines and airports, as covid-19 paralyses the sector.
The aviation industry needs an urgent bailout from the government, FICCI Aviation Committee chairman Anand Stanley said in a letter on Tuesday to civil aviation minister Hardeep Singh Puri. A copy of the letter has been reviewed by Mint.
The industry body has sought tax relief, deferment of payment of goods and services tax (GST) for airlines, bringing jet fuel under GST, reduction in airport charges and overflight fees, a temporary cut in excise duty on jet fuel, as well as other financial aid.