With the launch of Regional Connectivity Scheme (RCS) UDAN—–(‘Ude Desh ka Aam Nagrik’) on 27thApril, the aviation sector is set to get a big boost and tap huge market of middle class flyers living in Tier-2 and Tier-3 cities. This is the first-of-its-kind scheme globally which harnesses the power of the markets to provide a public good.
Apart from spurring the economic growth in hinterland, the affordable air services will ensure that the monopoly of elite on air services comes to an end. The UDAN will usher in a new era in fast growing aviation sector by providing low cost air connectivity to untapped routes and connecting un-served and under-served airports. The UDAN will also boost regional connectivity by bringing smaller cities and towns on air map of the country through a market-based mechanism and open this sector to young professionals, small businessmen and students belonging mainly to the vast middle class populations living in these cities and towns.click here to fetch more details.