The correct answer is Option (4) → 1992
- The Open Sky Policy for cargo in India was introduced in 1992 as part of the country's liberalization and economic reforms. This policy represented a significant shift in the country's approach to aviation and cargo transportation. It marked a shift from a highly regulated and controlled aviation sector to a more liberalized and open system. The policy aimed to promote competition, efficiency, and growth in the aviation industry, particularly in the cargo sector.
- Under the Open Sky Policy, the government relaxed many of the restrictions and regulations that had previously constrained the cargo transportation sector. This included allowing foreign airlines to operate cargo flights to and from India more freely. By encouraging foreign airlines and cargo carriers to operate in India, the policy increased global connectivity, which was essential for promoting international trade and economic growth.
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