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DAILY NEWS ANALYSIS
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17 May, 2020
5 Min Read
Aviation sector measures on expected lines
Part of: GS-III- Economy Aviation (PT-MAINS-PERSONALITY TEST)
MRO hub plan will help save forex and enable local overhauling of planes
The three key announcements of Union Finance Minister concerning the civil aviation sector have been viewed as those on expected lines, while the announcement on MRO (maintenance, repair and operations) needed more clarity on the tax incentives, industry experts said.
Analysis
Way Forward
“Post COVID-19, it seems that the state governments in both of these cities are unlikely to allow private parties to take control of these assets. Therefore, if there are no viable cities for which privatisation might be viable, the Government of India’s decision may be difficult to implement,”
“We need to see more details on the tax simplification, which will help in making India an MRO hub. More relief measures for the civil aviation sector to keep it alive post-COVID-19.” “Better infrastructure should make air travel more accessible and there is a huge opportunity in this sector.”
Source: TH
07 Dec, 22
Kirit Parikh Gas Pricing Panel The government recently appointed a Kirit Parikh committee to review the gas pricing formula. The committee's major recommendations: Maximum cost: A fixed pricing band for gas from old fields, known as APM (Administrative Price Mechanism) gas, is required. These fields produce two-thirds of the co
07 Dec, 22
G20 Presidency of India as a Watershed Moment On December 1, 2022, India will formally assume the G-20 presidency. India will hold the presidency until November 30th, 2023. According to the Prime Minister, India's theme is "One Earth, One Family, One Future." More on the news: Agenda: The Prime Minister described
07 Dec, 22
Women’s Representation in the Courts It was only the third time in the Supreme Court's history that a bench comprised entirely of female justices heard cases. More on the news: Apex Court's all-woman bench: Chief Justice of India D Y Chandrachud has appointed Justices Hima Kohli and Bela M Trivedi to the bench. The Supre
06 Dec, 22
Rare Earth Elements The Confederation of Indian Industry (CII) has urged the government to encourage private mining in the sector and diversify supply sources in light of India's reliance on China for rare earth minerals imports. Despite having 6% of the world's rare earth reserves, India produces only 1% of global output and import
06 Dec, 22
Rooftop Solar Installations According to Mercom Research India, rooftop solar capacity installations in India fell 29% to 320 megawatts (MW) in July-September 2022. What are the Results? Cumulative Installations: As of the end of the third quarter of 2022, cumulative rooftop solar (RTS) installations stood at 8.3 GW. Gujarat overtook
07 Dec,2022
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Geography And Environment
