The Union government has advised the States to take certain financial measures like slashing VAT on jet fuel up-¡lifted by airlines and underwriting of some seats to encourage aviation growth.
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Arun Jaitley represents as India’s Governor on ADB board
The Union Finance Minister Arun Jaitley has been appointed as IndiaÂ’s Governor on the Board of Governors of the Asian Development Bank (ADB) with effect from 27th May, 2014 in place of P. Chidambaram.