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Ministry pushing for 100% FDI in aviation ahead of Air India sale

Oct 29, 2019 11:27 IST

The Department for Promotion of Industry and Internal Trade  and the Civil Aviation Ministry are looking at the possibility of relaxing foreign direct investment norms to attract bidders for national carrier Air India. 

Reports indicate officials are pitching for a change to 100% in FDI, before calling bids for sale next month.

The issue is expected to figure in a meeting of an inter-ministerial group on Tuesday.

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