‘Mamata not in favour of foreign investment in aviation’

New Delhi: A huge question mark hangs on allowing foreign direct investment (FDI) by foreign airlines in Indian carriers.
West Bengal chief minister Mamata Banerjee - who, along with the Opposition, was instrumental in forcing UPA to suspend FDI in retail - is learnt to be opposed to FDI in aviation too.
The Centre is unlikely to invite her wrath by going ahead with this issue in a hurry, or at least till the Parliament session gets over.
"Allowing 26% FDI in aviation was an almost done deal (although aviation ministry had favoured 24%) but we have been told that Mamata is opposed to this move also. Now one does not know how and when the government would take up this issue again.
08/12/11 Times of India

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Categories: Foreign Dec 2011, Indian Aviation- In General Dec 2011