(ANI)
(ANI)

Time for India to venture big into aircraft leasing, financing: Sitharaman

  • The government will bring out a policy framework to make India a global hub of aircraft financing and leasing activities
  • The idea is to encourage new industries to come up leveraging India’s existing capabilities that will add more quality jobs

New Delhi: Finance minister Nirmala Sitharaman has said the government will bring out a policy framework for making India a global hub of aircraft financing and leasing activities. The idea is to encourage new industries to come up leveraging India’s existing capabilities that will add more quality jobs.

The time has come for India to venture into this field in a big way, the minister said in the FY20 budget speech.

Sitharaman also announced a host of projects in the infrastructure sector as part of efforts to make the country a $5 billion economy in a few years.

Follow Budget 2019 LIVE updates here

Close