Essay Evolution And Growth Of Service Sector

Genetically equipped with the ability to use abstract language, humans can transmit rules both horizontally and vertically, not just as object-dependent templates but also as symbols.

Evolution of airline industry in India:- Civil aviation took its roots in India in December 1912 with the launch of the first domestic air route between Delhi and 2003-04 to 2005-06: Competition intensifies:- Establishment of the Ministry of Civil Aviation, liberalization with regard to private carriers having improved access to international routes, rise in foreign direct investment caps, accompanied by modernization of airports, resulted in significant growth for the aviation sector.

The airport infrastructure policy allowed 74 per cent foreign equity participation in airport infrastructure with automatic approval and 100 per cent equity on case-to-case basis.

The entry of Air Deccan, which offered tickets at competitive rates compared to other carriers, intensified the degree of competition substantially.

A liberalized domestic open skies policy paved the way for many new carriers such as Spice Jet, Go Air, Kingfisher and Paramount Airways to enter the sector.

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