Budget 2019 sets the ball rolling for FDI in aviation4 min read 05 Jul 2019, 04:46 PM IST
The government will also implement measures to make the country a hub of aircraft leasing and aviation finance
Increasing FDI limits in aviation is likely to help troubled airlines such as Air India and Jet Airways find buyers
Mumbai: The government has proposed to hike the foreign direct investment ( FDI) limit in domestic air carriers from existing 49%, finance minister Nirmala Sitharaman said in her maiden budget speech on Friday.
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