Please provide your email address.Please provide a valid email address.

Please provide your password.

Forgot Password? Click Here.

First Time User? Click here to Signup
Resource Center
Is India Trying to Subdue Kashmir Through Religious Tourism? 
July 17, 2018
The Indian state under the increasing influence of Hindu nationalism is using Hindu pilgrimage sites..
“Aswachh Bharat” marks Amarnath yatra 
July 15, 2018

Tourism and Plastic: Exploring the Contours 

June 04, 2018
The threat that plastic poses to the health of the planet has been raising alarm bells for some time..
As Women, Are We Really Economically Empowered A view from the point of view of Tourism 
April 10, 2018

Do we enjoy the same quality of life as our male counterparts? How can we, when the figures of women..

Meet the Majid Squad, a Group that Voluntarily Cleans Filth on Amarnath Yatra Routes 
January 29, 2018
Notwithstanding the National Green Tribunal directions, Governor N N Vohra recently decided that a 60-day-long..
Aviation Ministry Approves FDI Up To 26% In Indian Airlines
December 12, 2011
Aviation Ministry Approves FDI Up To 26% In Indian Airlines


12 December 2011

The Civil Aviation Ministry has agreed to the proposal for allowing foreign carriers to buy up to 26 per cent stake in private airlines, sources said. Earlier the ministry had proposed to fix a cap of 24 per cent on foreign direct investments (FDI) by overseas carriers. "It (Civil Aviation Ministry) has come on board for 26 per cent FDI," a senior government official said. He declined to divulge the details, according to a report by PTI.

The Department of Industrial Policy and Promotion had proposed the 26 per cent FDI by foreign airlines into the domestic industry, in the backdrop of private carrier Kingfisher Airlines slipping into a severe debt crisis and several others facing resource crunch.

The Home Ministry and the Planning Commission have already supported the draft cabinet note in this regard. The Finance Ministry has also given the green signal to the proposal, with a rider that such investments should not violate SEBI's takeover code. Currently FDI of up to 49 per cent is permitted in aviation services like cargo handling, but foreign carriers are not allowed.