Budget 2019: Government Proposes a Hike in Aviation FDI, Aircraft Financing and Leasing in the Country
Budget 2019 may have some panacea for the financially crippled airlines like Air India and Jet Airways. The finance Minister Nirmala Sitharaman said that the government intends to increase the limit of the Foreign Direct Investment (FDI) for the aviation sector from the current 49%. Besides, the government will also take the initiative to start aircraft leasing and aviation finance from the Indian shores. The government will examine suggestions of... Read More