Mixed response from industry

New Delhi: While India Inc is somewhat disappointed at the absence of new induction in Wednesday’s cabinet reshuffle, it is positively taken aback by the replacement of Praful Patel as civil aviation minister. Vayalar Ravi, who had been holding the portfolio of overseas Indian affairs, will replace Patel, who moves on as minister for heavy industries.
However, the aviation industry is hopeful that the current policies will be furthered and government support for infrastructure development and air turbine fuel prices will continue.
“His (Ravi’s) priority area should be safety and not the commercial interest of airlines. Also, growth without infrastructure is dangerous and will yield no results. The new minister should proceed with caution,” said captain Mohan Ranganathan, a Chennai-based aviation expert.
The reshuffle has evoked mixed response from industry.
Federation of Indian Chambers of Commerce and Industry (Ficci) director general Rajiv Kumar, who is also an economist, told Hindustan Times the reshuffle underlined the importance of performance.
“The move seems to be directed at better performance … we believe the Cabinet would deliver better,” Kumar said.
20/01/11 Hindustan Times

To Read the News in full at Source, Click the Headline

Categories: Indian Aviation- In General Jan 2011