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Budget 2012: External borrowing up to $1 billion in aviation sector

Last updated on: March 16, 2012 12:01 IST

External commercial borrowings to the extent of USD 1 billion to be allowed for aviation sector for next year.

Proposal to allow foreign airlines to participate direct or indirectly in India being considered actively.

More details soon...

Union Budget 2012-13: Complete coverage
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