Wednesday, August 15, 2018

Government ropes in NITI Aayog to fasten seatbelt of aviation sector

New Delhi: As the major aviation players are unable to lose the baggage of high fuel prices, cheap tickets digging a hole in their account books, making the sector almost unviable, the government has entrusted NITI Aayog with the task of preparing a roadmap for the sector.

“The aviation sector is in trouble and this is a matter of concern. Air India is a known story and we are aware of what is happening at Jet. Soon Niti Aayog will be preparing a roadmap for the sector regarding policies,” a senior finance ministry official told TNIE.

According to the official, NITI Aayog will be coming up with roadmap by the end of September.
Meanwhile, for the immediate relief to the sector, the government is also looking at relaxing the ECB route.
15/08/18 New Indian Express

To Read the News in full at Source, Click the Headline


Post a Comment