Draft Aviation Policy wants Middle-class to Fly More

cheap flights

On October 30, 2015, the Government of India unveiled the much-awaited draft civil aviation policy, offering a bouquet of measures to make air travel more affordable to the masses. The key propositions include a capped price system to boost regional connectivity and service tax waiver for maintenance, repair and overhaul (MRO) companies. On the flipside, it lacks clarity on the governments position on the 5/20 rule. The policy also does not dwell on the long-pending structural issue of high sales tax on aviation turbine fuel (ATF), which diminishes the attractiveness of the sector. The government has sought feedback from various stakeholders before the final policy is released.Read More>>


Join Our Nvestor community and get investing insight, stock tips, news & analysis directly deliver to your mailbox.



Niveza Editorial Desk : We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.



ICRA on the Rooftop Solar Power Sector

Strong growth potential for solar rooftop PV projects; regulatory issues persist over implementation of net metering regulations: ICRA ICRA believes that the recent 500 MW SECI tender for award of rooftop solar PV projects
Read More>>

India Automobile Industry Analysis

Improved macroeconomic environment (faster GDP growth, easing financing cost, fuel cost) and slew of launches, especially in compact car and UV segment supported growth during FY2016. Share of mini segment is on declining trend, as some first time
Read More>>

Expectations from Budget 2016-17: Dairy Industry Perspective

The India is the largest producer of milk is a matter of pride. We desperately need the next big push on productivity; that we are still struggling to economically uplift those very farmers (millions of them) who produce milk; that we are encounte
Read More>>

Indian Hotel Industry to Hold Strong

January 27, 2016 Indian Hotel Industry revenues to grow by 9%-10% during 2016-17; Occupancies post strong uptick supported by domestic travel: ICRA ICRA estimates pan India Average Room Rates (ARR) to remain flat for 2015-16, neverth
Read More>>