Bharatiya Vayuyan Adhiniyam to be effective from Jan 1
The new Bharatiya Vayuyan Adhiniyam, 2024, aimed at enhancing aircraft design and manufacturing in India, will take effect on January 1, 2025. This legislation, passed by Parliament, modernizes the aviation sector by replacing the 90-year-old Airc...
According to a notification issued on Tuesday, the "central government hereby appoints the 1st day of January, 2025 as the date on which the provisions of the said Act, shall come into force".
Among others, the Act provides for regulation and control of the design, manufacture, maintenance, possession, use, operation, sale, export and import of aircraft and connected matters.
The legislation will also remove redundancies and replace the Aircraft Act, 1934, which has been amended 21 times.
India is one of the world's fastest growing civil aviation markets.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.