Wednesday, August 15, 2012

Government to overlook Trinamool Congress, clear aviation FDI

New Delhi: The government is ready to give the go-ahead to foreign airlines to buy stakes in domestic carriers, even though the Trinamool Congress, the second-biggest member of UPA, remains opposed to the proposal.
Participants at the last meeting of the UPA coordination panel agreed with the view that the issue should be cleared without delay, persons familiar with the matter told ET. Though the coordination panel may meet again towards the end of the month, Congress leaders are not likely to allow the issue to be reopened.
Trinamool Congress chief and West Bengal chief minister Mamata Banerjee's resistance had earlier forced the government to put the decision on foreign direct investment in aviation on hold.
15/08/12 Economic Times
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