Exclusive:Expects domestic air passenger traffic to grow by 8-13% in next 2 years: Kinjal Shah, ICRA

Ahead of the Union Budget 2024-25, the aviation sector has several expectations from the Finance Minister Nirmala Sitharaman's speech. Among the expectations of the aviation sector include bringing Aviation Turbine Fuel (ATF) under Goods and Services Tax (GST) ambit and rationalisation of the UDAN scheme for better connectivity. In an interview with Republic Business, Kinjal Shah, Senior Vice President & Co-Group Head - Corporate Ratings, ICRA Limited said that bringing the Aviation Turbine Fuel under the GST is a long -pending demand of the aviation sector.