Politics news

FDI in aviation hits a roadblock as Mamata Banerjee seeks further consultations

CNN-IBN | Updated Aug 23, 2012 at 08:15am IST

New Delhi: Congress ally, the Trinamool Congress, has yet again forced the ruling coalition to put another of its key economic proposal envisaging 49 per cent FDI in aviation on hold.

Trinamool Congress Chief Mamata Banerjee on Wednesday sought more consultations on the proposed plans, giving a big jolt to the government's effort to revive the civil aviation sector.

The decision came as a setback to private airlines like Kingfisher, which are teetering on the edge.

Mamata will be in New Delhi on Thursday to attend several meetings, including a meet with Prime Minister Manmohan Singh regarding West Bengal's debt.

Sources say the government is keen to persuade her to change her mind on the issue.

Aviation Minister Ajit Singh has already spoken to Mamata twice in the past three months.

Sources say that Finance Minister P Chidambaram too is willing to meet the UPA ally.

However, Mamata has refused to comment on anything saying she isn't authorised to speak.

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Politics

Mamata Banerjee

Posted on Jun 17, 2013 at 11:44PM IST
Mamata Banerjee is the 11th and current Chief Minister of West Bengal. She is the first woman to hold the office. Banerjee founded All India Trinamool Congress in 1997 and became chairperson, after separating from the Indian National Congress. ...

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Ajit Singh

Posted on Jun 10, 2013 at 09:23PM IST
Chaudhary Ajit Singh is an Indian politician and a prominent Jat leader from Western Uttar Pradesh. He was appointed as civil aviation minister of India on 18 December 2011, soon after his party RLD, with five members in the Lok Sabha, formall ...

Companies

Kingfisher Airlines

Posted on Jun 07, 2013 at 10:25PM IST
Kingfisher Airlines is an airline based in Bangalore, India. It operates more than 400 flights a day and has a network of 77 destinations, with regional and long-haul international services. Its main bases are Bengaluru International Airport, ...

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