India's government approves new civil aviation policy

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India's government has 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 says the policy will help India become the world's third-largest civil aviation market by 2022, behind the U.S. and China.

Raju said in a Twitter message posted after the Cabinet's approval Wednesday that it would be "a game-changer for the (aviation) sector."

India's booming economy and growing middle class have helped to make it the world's fastest-growing air travel market. The number of passengers grew 20 percent last year, and airlines are announcing flights to new destinations in the country almost every week.