Airports to attract Rs 90,000 crore in investments over five years: India’s Civil Aviation Secretary
NEW DELHI: India’s airports sector is expected to see an investment of Rs 90,000 crore in a five-year period, with nearly Rs 68,000 crore coming from the private players, a senior official said on Wednesday. The civil aviation sector, which was battered by the coronavirus pandemic that had also resulted in the suspension of domestic […]
Shipping Ministry and Civil Aviation Ministry signs MoU for development of Sea Plane Services
NEW DELHI: A Memorandum of Understanding (MoU) between the Ministry of Ports, Shipping and Waterways, Government of India and Ministry of Civil Aviation, Government of India for development of Sea Plane services in India was signed today. Minister of State (I/C) Ministry of Ports, Shipping and Waterways,Mansukh Mandaviya and Minister of Civil Aviation Hardeep Singh […]
Air India disinvestment to be completed in 2021-22; Rs 3,224 crore allotted to aviation ministry
NEW DELHI: Disinvestment of Air India and Pawan Hans would be completed in 2021-22, Finance Minister Nirmala Sitharaman said on Monday while presenting the Union Budget in which Rs 3,224 crore has been allocated to the Civil Aviation Ministry for the next fiscal year. Air India is currently undergoing disinvestment process. Multiple entities submitted their […]
Private operators’ plan for aircraft security hits air pocket
NEW DELHI: The plan of private airport operators to hire staff from the grounded Jet Airways for security-related work has hit an air pocket with the Civil Aviation Ministry mulling the issue of a clarification to its March 2019 notification that reserves these functions only for airlines. Hoping that the government would open up a […]
Jet Airways employees raise their demands outside Civil Aviation Ministry
NEW DELHI: Employees of cash-strapped Jet Airways protested outside the Civil Aviation Ministry on Tuesday, demanding revival of the airline and payment of their pending salaries. The protests come amid the struggles of State Bank of India-led consortium of lenders to find a buyer for the airline which ceased operations around mid-last month due to […]
DIPP Secretary Ramesh Abhishek gets additional charge of Civil Aviation Ministry
NEW DELHI: Ramesh Abhishek, secretary of the Department of Industrial Policy and Promotion (DIPP), was given an additional charge of the Civil Aviation Ministry, an official order said. The Appointments Committee of the Cabinet has approved assignment of additional charge of the post of secretary, Civil Aviation Ministry, to Abhishek, the order by the Personnel […]