Active Stocks
Fri Sep 22 2023 15:58:38
  1. Tata Steel share price
  2. 126.7 -0.86%
  1. HDFC Bank share price
  2. 1,529.2 -1.57%
  1. State Bank Of India share price
  2. 598.1 1.67%
  1. Power Grid Corporation Of India share price
  2. 199.1 -1.34%
  1. Tata Motors share price
  2. 621.1 -0.93%
Business News/ Budget 2019 / News/  Time for India to venture big into aircraft leasing, financing: Sitharaman

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

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

Gireesh Chandra Prasad
Gireesh has over 22 years of experience in business journalism covering diverse aspects of the economy, including finance, taxation, energy, aviation, corporate and bankruptcy laws, accounting and auditing.
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 05 Jul 2019, 11:33 AM IST
Next Story
Recommended For You
Switch to the Mint app for fast and personalized news - Get App