Monday, August 10, 2015

Government to remove prior approval norm for aircraft import

New Delhi: To simplify procedural requirements for carriers, the Civil Aviation Ministry plans to do away with the prior approval norm for importing aircraft.

The ministry has written to the Directorate General of Foreign Trade (DGFT) and the Reserve Bank requesting them to amend their rules.

At present, No-Objection Certificate (NOC) is required from the ministry before any scheduled or regional carrier wants to import an aircraft.
10/08/15 PTI/Daily News & Analysis
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