New Delhi: In a move to simplify doing business in India, the aviation ministry has decided to delegate the power to grant initial NOC/ In-principle approval for import or acquisition of aircrafts to the Directorate General of Civil Aviation (DGCA).
As per the existing procedure, Scheduled Operators and Regional Scheduled Operators have to seek such approval from the ministry. The delegation of power is being done in order to simplify procedures as compliance of various Civil Aviation Requirements (CAR) are regulated by the DGCA.
"The ministry has requested Director General of Foreign Trade and Reserve Bank of India to amend their existing notification and Master Circular respectively in this regard. Accordingly, DGFT vide notification no. 24/2015-2020 dated October 9, 2015 and Reserve Bank of India vide its Master Circular no. 30 dated November 26, 2015, have carried out the requisite amendments. DGCA has now been requested to make necessary amendment in the related CAR/Rules in accordance with it," the ministry said in a statement.
28/11/15 Saurabh Sinha/Times of India
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As per the existing procedure, Scheduled Operators and Regional Scheduled Operators have to seek such approval from the ministry. The delegation of power is being done in order to simplify procedures as compliance of various Civil Aviation Requirements (CAR) are regulated by the DGCA.
"The ministry has requested Director General of Foreign Trade and Reserve Bank of India to amend their existing notification and Master Circular respectively in this regard. Accordingly, DGFT vide notification no. 24/2015-2020 dated October 9, 2015 and Reserve Bank of India vide its Master Circular no. 30 dated November 26, 2015, have carried out the requisite amendments. DGCA has now been requested to make necessary amendment in the related CAR/Rules in accordance with it," the ministry said in a statement.
28/11/15 Saurabh Sinha/Times of India
