Revenue earning from Aviation Sector

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Aviation_Sector_indianbureaucracy
Aviation_Sector_indianbureaucracy

Minister of State for Civil Aviation Shri Jayant Sinha  has informed that  non-tax revenue receipts by way of Dividends, Guarantee Fee and Other Receipts booked to the Consolidated Fund of India (CFI) by the Ministry of Civil Aviation have grown at a compound annual growth rate (CAGR) of 87.8% between 2014-15 to 2016-17. The non-tax revenue receipts were Rs. 180.73 crore in 2014-15, Rs. 858.99 crore in 2015-16, and Rs. 1,203.54 crore in 2016-17. CAGR for the aviation sector in terms of total passenger traffic in India was 15.1% and that of air freight handled at Indian airports was 8.8%, as per data maintained by the Directorate General of Civil Aviation (DGCA) and Airports Authority of India (AAI), respectively.

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