In your interest.
Online Personal Finance Magazine
No beating about the bush.
The DGCA will issue a notification for a dedicated chopper corridor at Delhi and Mumbai airports within a week
The Directorate General of Civil Aviation (DGCA) is likely to issue a notification for a dedicated chopper corridor at Mumbai and Delhi airports within a week, a top official said on Thursday, reports PTI.
"We will issue a notification for a dedicated chopper corridor at Delhi and Mumbai airports within a week," director general of civil aviation, Nasim Zaidi, told reporters at the sidelines of an aviation conference at Hyderabad.
Once the notification is issued, (chopper) operations in the dedicated corridor will become operational, he said. The DGCA is also in the process of recruiting 550 technical staff. The entire exercise (of recruitment) should be completed within two years, he said.
"As a part of our expansion exercise, we plan to recruit 550 technical personnel and we are working on it," he said.
"In the meantime, we are hiring 200 technical officers and this exercise will be completed by September-October this year," the DGCA official said, adding that these 200 recruitments would be on a short-term contract basis.
On the formulation of Flight Duty Time Limitation (FDTL) of pilots, Mr Zaidi said that this would be done shortly. "We will finalise the FDTL report very soon," he said.
The International Civil Aviation Organisation has provided the DGCA with guiding principles.
"Based on these, we are supposed to formulate our own (principles)," he said. Mr Zaidi, however, did not give any timeframe for the proposed FDTL, adding that "there is no hard-and-fast rule about when we should come out with this. We already have rules and these are being revised."
He said that the new FDTL would be based on feedback received from all stakeholders. "We have heard everybody—we will come out with a solution soon," he said.
Religare Voyages is tying up with various hospitals to launch ambulance services in India, South and Southeast Asian countries
Religare Voyages Ltd, which is in the air-charter business, will soon launch an air ambulance service, its chief executive and managing director Sanjay Godhwani said on Thursday, reports PTI.
"We are tying up with various hospitals to launch ambulance services in India, South and Southeast Asian countries," Mr Godhwani told reporters.
Replying to a question, Mr Godhwani said that the company would not rule out the possibility of launching a scheduled airline service.
"We have long-term plans to establish air services and I don't rule out the possibility of launching scheduled airlines," Mr Godhwani said, adding that his company would look at acquisitions to support growth plans.
The company displayed its newly-acquired Falcon 7X at the Aviation India-2010, organised jointly by the civil aviation ministry and the Federation of Indian Chambers of Commerce and Industry (FICCI) at Begumpet Airport at Hyderabad.
At present, the company has a fleet of 11 aircraft and one helicopter.
Religare Aviation Academy will soon launch a pilot-training course. Currently, the institute offers cabin crew training approved by the Directorate General of Civil Aviation (DGCA), the company said.
The combined GST, recommended by the Finance Commission, includes 5% at the Central level and 7% at the state level
The finance ministry on Thursday said that the proposed Goods and Services Tax (GST) rate is likely to be higher than 12%, which was suggested by the task force set up by the 13th Finance Commission, reports PTI.
The Finance Commission (task force) had recommended an overall GST rate of 12% "but it is likely to be higher than that", revenue secretary Sunil Mitra said at a CII seminar in New Delhi.
However, he clarified that he was not talking about the Central GST but the combined tax at the Union and state governments' level.
The task force had recommended 5% GST rate at the Central level and 7% at the state level.
GST was earlier scheduled to be implemented from 1 April 2010, but now the Central GST will replace most of the indirect taxes at Central and state levels like service tax, excise duty, value added tax (VAT), and local levies.