Thursday, September 17, 2015

Govt takes a step back on scrapping '5/20 rule'

New Delhi: Uncertainty looms over rules governing airlines flying abroad, even as the government is unlikely to scrap these in the draft civil aviation policy.

A committee of secretaries chaired by Cabinet Secretary P K Sinha held its first meeting on Wednesday to give final shape to the much-awaited policy. Secretaries from the finance, home and external affairs ministries attended the meeting to discuss issues mainly related to the fiscal aspects of the policy.

The government had refused to take a stand on whether to abolish the existing rule on airlines flying abroad, government sources said. This would delay plans of new airlines Vistara and AirAsia India to fly on international routes.
17/09/15 Somesh Jha/Business Standard
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