CCEA to consider FDI in civil aviation tomorrow

New Delhi: The government is expected to take a decision tomorrow on the issue of allowing foreign airlines to buy up to 49 percent stake in cash-starved Indian carriers.
"It is listed (in the agenda)," Commerce and Industry Minister Anand Sharma told reporters here.
Cabinet Committee on Economic Affairs (CCEA) is likely to take up the matter tomorrow.
According to sources, while the ministries of finance and civil aviation have already approved the proposal to amend the FDI guidelines for the aviation sector, some other ministries are yet to give their nod.
The Department of Industrial Policy and Promotion (DIPP) had moved a cabinet note in this regard.
13/09/12 ZeeNews

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Categories: Foreign Sep 2012, Indian Aviation- In General Sep 2012