Wednesday, November 05, 2008

More sops likely for aviation

New Delhi: After scrapping customs duty on jet fuel and reducing its price, the government is contemplating taking some more steps to help the fledgling Indian aviation sector become viable once more.
“We expect more steps in this direction. The dialogue is going on... some more steps may be taken,” sources in the civil aviation ministry said here.
However, the sources did not specify what steps could be taken to bail out the sector.
Issues raised by the industry, such as rationalisation of the eight per cent central excise on jet fuel, still remain to be addressed.
04/11/08 Press Trust of India/The Statesman
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