Corporate Governance in the Indian Aviation Sector: Steering Toward Viksit Bharat @ 2047

Abstract

While India embarks on its journey to become Viksit Bharat @ 2047, the aviation sector is the leading light that connects, the engine of trade and that can bring the economy up to support and include all walks of life. Now that Governance is the vital pillar of corporate governance, it is a guarantee that aviation companies will operate openly, responsibly, and in the long run. This document through the practice of corporate governance in India's aviation industry, both public and private, which are aimed at the national goals of fair growth, modern infrastructure, and the people’s welfare. The methodology section of this study describes the way in which a qualitative, quantitative approach, and the collection of primary and secondary data, data from the Corporate Sector comprises this study. The study of corporate governance frameworks in sectors of the Indian Airlines, airports is done through the mixed-method approach, which uses the policy review, and on the other hand, expert interviews, concluding that social distancing was achieved to the greatest degree in airport companies. The conducted research illustrates that corporate governance can be the governing tool for synergizing the triple bottom line (company, society, and environment) by focusing on companies' policies to accomplish sustainable development. The dissertation presents evidence in the form of a case study that by employing the conditions of a more comprehensive code for good governance by the top-tier clubs, the discursive space of the game is auctioned off for patronage (Anwar). One of the lessons provided draws attention to the weaknesses of the current sector governance mechanisms that, if not immediately addressed, may pose a significant risk to public health and safety. This paper aligns well with the Sustainable Goal 8 of the United Nations, which emphasizes the need for creating decent work for all. The wanted person ought to pay attention to the research one is meant to contribute in terms of the economy of the country, the global career, and a broad, mutual case, and should relate it with the situation and all likelihood before making a business decision.