“I am in touch with Mamata Banerjee and other allies and hope to bring FDI in civil aviation soon," civil aviation minister Ajit Singh says.
Though a cabinet note for allowing foreign airlines to buy up to 49% stakes in domestic companies is lying ready for sometime the agenda never appears for the scheduled meeting.
Kingfisher Airlines's Vijay Mallya has already said he will infuse cash with or without FDI policy change. Is that indicative of no light for FDI ?
photo above : indiatimes