Govt unveils policy for air sports, sees 10x annual revenue growth




The Union Ministry of Civil Aviation (MoCA) on Tuesday announced the country’s first national air sports policy (NASP 2022), which will cover aerobatics, aeromodelling, model rocketry, amateur-built and experimental aircraft, ballooning, and drones.


Gliding and powered gliding, hang-gliding and powered hang-gliding, parachuting — including skydiving, BASE jumping and wingsuit flying — paragliding and paramotoring (including powered parachute trikes), powered aircraft and rotorcraft, will also be covered under the policy.


“The youth of India represent the future of aero sports. Programmes aimed at raising interest in aerial sports will be encouraged. Schools, colleges, and universities will be encouraged to have air sports included in the curriculum,” Union Civil Aviation Minister Jyotiraditya Scindia said.


He said Rs 80-100 crore of revenue is generated from airsports annually and the figure could rise 10 times. “From a small market size of around 5,000-odd air sports practitioners creating around Rs 80-100 crore of annual revenue in India, I feel we can target over Rs 8,000–10,000 crore annual revenue and generate over 1,00,000 direct jobs. The economic multiplier benefits in terms of travel, tourism, support services and local infrastructure development will be over three times.”


The policy proposes a two-tier governance structure for air sports in the country, which will include an apex governing body called the Air Sports Federation of India (ASFI) and associations for each air sport.


The ASFI will be an autonomous body under the Ministry of Civil Aviation and will represent India at the Lausanne (Switzerland)-headquartered Fédération Aéronaautique Internationale (FAI) and other global platforms related to air sports. It will provide governance over various aspects of air sports, such as regulation, certification, competitions, awards and penalties.


The minister said the armed forces of India, Central Armed Police Forces and various state police forces have excellent training facilities for air sports. “ASFI will engage with the ministries of defence and home affairs, and state police forces to explore opportunities for extending their facilities to the public at a reasonable fee,” the policy says.


Other than direct revenue, air sports activities will gain more from growth of travel, tourism, infrastructure, and local employment, especially in the hilly regions.


Creation of air sports hubs will also bring in air sports professionals and tourists from across the world.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

For all the latest Sports News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.