What is it that was just 29 crore in 1951 and has now grown to 10 lakh crore? It is the amount of public investment in 290 public sector units in India today.
Tag: Airlines
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Airlines may handle ground ops under new policy
The government is likely to allow airlines to handle ground operations on their own in the country´s airports, a key change of stance that will meet the demand of carriers and end a court case on the matter. The change will be part of the new civil aviation policy.
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Policy on remote air connectivity
Airlines and private charter operators have opposed the government´s draft policy on air connectivity to regional and remote areas, saying it will have severe impact on their financial strength.
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Pvt airports oppose regional connectivity policy
The Association of Private Airport Operators (APAO) has opposed the Civil Aviation Ministry´s proposed regional connectivity policy, saying the destinations included in the proposal lacked traffic potential
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Govt to set up 17 airports in 12th plan
In the 12th five-year plan period (2012-17), union government plans to set up 17 airports. Specifically, the government plans to build airports in Gulbarga, Bijapur, Hassan, Shimoga, Aranmula, Kannur, Karaikal. In addition, three new airports are planned in Maharashtra, including one each at Sindhudurg and Navi Mumb
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Govt ups Abu Dhabi air travel seats to 50,000
The Inter-Ministerial Group (IMG) at the Centre has enhanced the number of seats to 50,000 in flights that airlines from India and Abu Dhabi operate to each otherÂ’s countries. The IMG has taken a decision to this extent. This was done after overruling an inter-Ministerial committee of bureaucrats, which had recommended increasing the seats to 40,000. This is the line that the Ministry of Civil Aviation is taking in a note being prepared for the Union Cabinet.
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Govt to set up new aviation regulator with more power
Government is considering a proposal to set up Civil Aviation Authority (CAA), which would be a new regulator in the sector by replacing the Directorate General of Civil Aviation (DGCA). Government wants to replace DGCA with the proposed regulator because the former has limited delegation of financial powers and hence it is "incapable of making adeq
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Govt to set up SPV for manufacturing advanced aircrafts
A High-Level Committee, headed by Prime Minister Manmohan Singh decided to set up a Special Purpose Vehicle (SPV) for development and production of a civilian aircraft, of a 70-100 seater range. According to the proposal, the proposed SPV would gain design capabilities from National Aerospace Laboratories (NAL), Hindustan Aeronautics Limited (HAL) and other institutions in
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Govt to implement 8 airport projects in 2013
Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun
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Govt to implement 8 airport projects in 2013
Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun
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