New Delhi: Civil Aviation ministry has formed an alternate mechanism for disinvestment of Air India to give timelinefor disinvestment and first meeting will take place soon, Hardeep Singh Puri, Minister of State for Civil Aviation said at the sidelines of an ASSOCHAM event here on Saturday.
“We are currently working on a 100 Day Program, and a five year vision of document of both
Housing and Urban affairs and Civil Aviation ministry,” said Mr Puri at 12th International Conference-cum-Awards on Civil Aviation & Cargo.
Mr. Puri further said there is already 100 per cent FDI in several parts of Civil Aviation sector, the budget has pointed out two specific sectors for FDI, one is maintenance & repair and other is
leasing.
The growth of air cargo is critical for industries such as e-commerce, pharmaceuticals, electronics, agriculture, horticulture, floriculture, animal husbandry and marine exports, and high-value goods, including gems and jewellery and fashion garments, where shipments are highly time-sensitive, stated Mr Puri.
In conformance with the objectives of the holistic National Civil Aviation Policy, 2016, a number
of initiatives and measures were taken up to sustain the growth impetus in air cargo, efficiency
improvement and promotion of ease of doing business across the air cargo value chain.
20/07/19 UNI
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“We are currently working on a 100 Day Program, and a five year vision of document of both
Housing and Urban affairs and Civil Aviation ministry,” said Mr Puri at 12th International Conference-cum-Awards on Civil Aviation & Cargo.
Mr. Puri further said there is already 100 per cent FDI in several parts of Civil Aviation sector, the budget has pointed out two specific sectors for FDI, one is maintenance & repair and other is
leasing.
The growth of air cargo is critical for industries such as e-commerce, pharmaceuticals, electronics, agriculture, horticulture, floriculture, animal husbandry and marine exports, and high-value goods, including gems and jewellery and fashion garments, where shipments are highly time-sensitive, stated Mr Puri.
In conformance with the objectives of the holistic National Civil Aviation Policy, 2016, a number
of initiatives and measures were taken up to sustain the growth impetus in air cargo, efficiency
improvement and promotion of ease of doing business across the air cargo value chain.
20/07/19 UNI
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