Sunday, October 08, 2006

Bill for aviation regulator in winter session

New Delhi: The bill to set up a regulator for civil aviation sector is likely to be introduced in the winter session of Parliament.
"We hope that this bill would be introduced in the winter session of Parliament to create a regulator in the sector," Civil Aviation Secretary Ajay Prasad said at the Conference on Infrastructure.
He said the proposal has already been discussed by inter-ministerial group and would be taken to the Cabinet soon. The need for regulator has arisen as more and more private players have entered airlines and airport business.
He said major airports in the country are proposed to be modernised within the next four years at an estimated cost of Rs 40,000 crore.
"The two greenfield airports at Hyderabad and Bangalore and modernisation of airports at Delhi and Mumbai is expected to be completed by 2009-2010," he said.
07/10/06 PTI/Financial Express
To Read the News in full at Source, Click the Headline


Post a Comment