The civil aviation ministry will finalise the draft civil aviation policy after holding due consultation with all the stakeholders, another civil aviation ministry official said. Plea to increase viability gap funding by 20-30 per centThe government is exploring ways to assist regional airlines in raising loans at cheaper interest rates to import aircraft as a part of the regional connectivity scheme. Regulator Directorate General of Civil Aviation, the Bureau of Civil Aviation Security and various financial institutions may also be a part of the seminar. The civil aviation ministry held a meeting with non-scheduled airlines in which concerns related to the regional connectivity scheme were raised by the operators. Their response in the meeting was encouraging but they had certain concerns which we aim to address,” said a senior civil aviation ministry official.

Source: The Hindu July 17, 2016 17:54 UTC