Multiple choice question:

The air transport was Nationalised in India in the year ?

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1953

1948

1950

1947

answer is A.

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Detailed Solution

In 1953, air transport was Nationalised in India. The Air Corporations Act nationalised all air transport and called for the formation of Air Corporations to stimulate the purchase of existing airline businesses and establish suitable provisions for air transport services throughout the region. Parliament passed the Air Companies Act in March 1953. New businesses commenced operations on August 1, 1953. Under the Air Company Act of 1953, two corporations were constituted under the titles 'Indian Airlines' and 'Air India International.'

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