The airlines of India were nationalized in which among the following years?
A1953
B1950
C1948
D1947
Answer:
A. 1953
Read Explanation:
In 1953, the Indian government passed the Air Corporations Act which nationalized all existing airline operations in India. This led to the formation of two state-owned airlines:
Indian Airlines - which primarily handled domestic air services
Air India International (later known simply as Air India) - which handled international operations
Prior to nationalization, there were several private airlines operating in India, including Tata Airlines (which later became Air India), Deccan Airways, Airways India, Bharat Airways, Himalayan Aviation, Kalinga Airlines, Indian National Airways, and Air Services of India.
The nationalization was part of a broader policy approach after independence, where the government took control of several key industries considered vital for national development and security. The airline industry remained under government control for several decades until the aviation sector was gradually liberalized beginning in the 1990s.
It wasn't until 2022 that Air India was fully privatized again, returning to the Tata Group after nearly 69 years of government ownership.