AK Bhalla leaving DGFT, will be new Power Secretary
The Dollar Business Bureau Ajay Kumar Bhalla, the Director General of Foreign Trade will be leaving the charge of Directorate General of Foreign Trade (DGFT) on June 30. Bhalla, a 1984 batch IAS officer of the Assam-Meghalaya cadre who earlier served as the Additional Secretary in the Ministry of Commerce, will be joining as the new Power Secretary. He will take over the new charge from Power Secretary P K Pujari, who is retiring on June 30. “The new name for the post of DGFT has not yet been decided. It will be decided within a day or two,” sources in DGFT office told The Dollar Business. Bhalla, who had taken the charge in October 2016, is the fourth DGFT to leave the post ...
India keen to boost helicopter industry
The Dollar Business Bureau Even though the ever growing Indian civil aviation industry offers huge potential, the commercial use of helicopter services is yet to become viable due to lack of infrastructure and regulatory measures, say experts. Industry leaders say that India’s civil aviation market is among the fastest growing in the world and several companies are looking to invest in the sector. However, since the first civil helicopter was flown in India in 1953, there hasn’t been a substantial growth in its fleet. Today, India has just about 280 civil registered helicopters, which represents less than 1% of approximately 35,000 helicopters worldwide. The country has only 76 commercial chopper operators. “In India, we have 1 helicopter for 2.8 million people. ...