Search Result for : Mahesh Sharma

PTI After months of deliberations, the government is finally going to announce a mechanism soon to curb high airfares and unveil a new civil aviation policy to address all major issues affecting the sector. Minister of State for Civil Aviation Mahesh Sharma said the civil aviation policy will lay out a roadmap to make India a leading player in the sector which is growing at over 20 per cent currently. The policy will be placed before the cabinet within two weeks. He said government's priority is to improve infrastructure and it is investing around Rs 15,000 crore in 2016-17 in upgrading of the existing airports and setting up new ones. On fixing airfares, he said Prime Minister Narendra ...

Source: PTI Fliers might have to shell out more from next year with the government proposing 2% levy on all tickets to fund regional connectivity plans   Many highs and lows marked the 2015 trajectory of domestic aviation space with three airlines taking off, one coming back after a near-collapse, a no-frills carrier getting listed and India again securing top safety ranking even as the draft aviation policy remained in limbo. All said and done, fliers might have to shell out more from next year with the government proposing 2% levy on all tickets to fund regional connectivity plans even as the draft policy promises various tax sops for the sector. At the same time, Civil Aviation Ministry saw a change of ...

Deepak Kumar | The Dollar Business The government is considering key changes with respect to the existing norms for overseas flight operators and is likely to take measures to modify the provisions. The existing norm, popularly known as 5/20 rule, allows an airline to operate on overseas routes only with a condition that it must have five years of expertise in the domestic segment operating with a fleet of 20 aircraft. “The prime minister and the aviation ministry held a wide discussion and consultation for almost an hour on 5/20, and methodology has been found out to address this. Currently, 5/20 is being reviewed and will be readdressed with certain changes,” Mahesh Sharma, Minister of State for Civil Aviation, Culture and Tourism ...

The Dollar Business Bureau In a move towards enhancing tourism cooperation with China, the Government of India expressed its willingness to extend the Tourist Visa on Arrival (TVoA) scheme to China. The statement to this effect was made by Mahesh Sharma, Union Minister of Tourism, Government of India, on Wednesday. A six-member Chinese delegation led by Wang Zuoan, Minister of Religious Affairs of China, was in New Delhi on Wednesday, where they discussed the exchange of culture, among other issues, for enhanced cooperation with India. Welcoming the delegation, the Indian Minister said that India is keen to further its relation with China and is exploring the possibility of extending the TVoA scheme to China, in this background. Responding to the ...