India's government approves new civil aviation policy

India's government on Wednesday approved a new civil aviation policy aimed at increasing regional connectivity, boosting cargo operations and making it easier — and possibly cheaper — for passengers to fly.

Civil Aviation Minister Ashok Gajapathi Raju said the policy will help India become the world's third-largest civil aviation market by 2022, behind the U.S. and China. Raju tweeted after the Cabinet's approval that it would be "a game-changer for the (aviation) sector."