Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.
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Observing that the prime reason for these losses was high fuel cost which constituted almost 40-50 per cent of an airline's total costs, Civil Aviation Minister Ajit Singh said the aviation turbine fuel (ATF) prices were high due to rising base price and "very high VAT imposed by state governments."
Adding petrol and diesel to GST was a challenging task due to their significant role as revenue generators for both the central and state governments.
Prime Minister Narendra Damodardas Modi attended an event organised for Abhidhamma Day in Kushinagar, Uttar Pradesh, which saw the participation of Buddhist monks from many countries.
In the previous decade, the government, with Praful Patel as the civil aviation minister, saw the introduction of an irrational 5/20 policy.
Civil Aviation Minister Hardeep Singh Puri had advised airlines on Saturday night to open bookings only after the government takes a decision on resumption of passenger flights.
Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.
The CISF, tasked with providing security at airports, has also ordered a court of inquiry into the incident.
Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
The fire was noticed at around 9.10 pm and it was doused within half an hour, officials said adding that no arrival flight was affected.
A suggestion that these issues be tackled in-depth by a committee headed by a retired judge has been made by Civil Aviation Minister Valayar Ravi during his meetings with leaders of 14 unions of the state-run carrier.
Nath said talking about "mandir-masjid" will not generate employment.
As severe cyclonic storm 'Remal' initiated its landfall process between the coasts of Bangladesh and adjoining West Bengal on Sunday evening, authorities took swift action, evacuating over 1 lakh people from vulnerable areas of the state to safety.
Air India and Tata Advanced Systems Ltd (TASL), a player in aerospace and defence solutions, on Monday signed a memorandum of understanding (MoU) with the Karnataka government for an investment of ~2,300 crore in the state's aerospace and defence sector. The strategic move is expected to enhance Karnataka's aerospace ecosystem and help create over 1,600 direct and 25,000 indirect jobs in the state.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
He expressed hope the project will increase tourist footfalls and boost employment generation opportunities for people of the region.
Stepping up its efforts to evacuate Indian students stranded in war-hit Ukraine, the Centre on Monday decided that Union ministers Hardeep Puri, Jyotiraditya Scindia, Kiren Rijiju and V K Singh will travel to its neighbouring countries to coordinate the evacuation mission and help students, government sources said.
The longest-serving Bharatiya Janata Party chief minister and popularly known as mama (maternal uncle) and 'paon-paon wale bhaiya' (foot soldier), Shivraj Singh Chouhan has emerged as the hero of his party's stunning victory in the state assembly elections.
Amid growing concerns over the spurt in COVID-19 cases in China and some other countries, Health Minister Mansukh Mandaviya said the focus is to ensure that no unknown variant of the virus enters India and at the same time there is no impediment to travelling.
Behind its high-decibel campaign, powered by well-organised party machinery, the BJP also appears to have made a slight departure from its 'next generation' approach to stay ahead of an aggressive Congress and enhance its prospects of securing a majority of seats.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
The proposal is awaiting final policy sanction from the home ministry.
The 'Angh' of Oting, Tahwang, is contesting the February 27 assembly polls on a Naga People's Front (NPF) ticket against the incumbent Bharatiya Janata Party MLA P Paiwang Konyak, who is a cabinet minister in the outgoing government.
Limits imposed on domestic airfares will be removed from August 31, after a span of approximately 27 months, the Union aviation ministry said on Wednesday. "The decision to remove air fare caps has been taken after careful analysis of daily demand and prices of air turbine fuel (ATF). "Stabilisation has set in and we are certain that the sector is poised for growth in domestic traffic in the near future," Aviation Minister Jyotiraditya Scindia said on Twitter.
Former Prez made these remarks days after Muizzu, widely seen as a pro-China leader, urged India to provide debt relief to the archipelago nation.
Civil Aviation Minister Suresh Prabhu and Chief Minister Pinarayi Vijayan jointly flagged off the inaugural Air India Express flight, carrying 186 passengers to Abu Dhabi.
As photographs and video clips were distributed on social media, aviation security watchdog BCAS issued show cause notices to IndiGo and Mumbai airport operator MIAL over the incident, official sources said on Tuesday.
The civil aviation ministry is holding talks with the finance ministry on rationaliation of sales tax on aviation turbine fuel and airport taxes.
The G20 leaders will deliberate on pressing global issues at the grouping's annual summit here on September 9 and 10. India is hosting the summit in its capacity as the current G20 chair.
'This decision to go with the BJP is Kumaraswamy's individual decision and not a party decision.'
Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).
The parliamentary election result was also to prove that the Maldivians want "autonomy in choosing their future, without foreign coercion," President Muizzu said, without naming any country, according to the Sun.mv news portal.
The Delhi high court on Wednesday agreed with the contention of Akasa Air that the DGCA is not completely barred from taking action against pilots who violate the terms of their employment agreements. However, the court did not grant any immediate relief to Akasa Air which sought direction to the DGCA and Union Ministry of Civil Aviation to take action against its pilots who have resigned without serving the notice period, saying it will first decide the issue of jurisdiction raised by the aviation sector regulator. Justice Manmeet Pritam Singh Arora said since the Directorate General of Aviation (DGCA) has contended it has no jurisdiction to consider a representation made by the airline against the defaulting pilots under the extant law as it was a contractual dispute, the court will have to first decide the issue of jurisdiction before passing any other direction.
A free and open aviation market, where the government keeps the interest of consumers higher than saving any airline.
Did the fear of central agencies probing scams involving NCP leaders that forced these politicians to jump ship?
General Singh was assigned to receive leaders representing the planet's two superpowers -- the president of the United States and the premier of the People's Republic of China.
Asked about the Congress's opposition to the GST Bill, Santosh Kumar Gangwar said no party opposes GST outside Parliament.
'You don't have any options within the BJP. You only have to follow the orders of the top leadership.'
The Opposition targeted Mann on Monday, alleging that he was deplaned from a Delhi-bound aircraft at the Frankfurt airport as he was drunk, a charge dismissed by the ruling Aam Aadmi Party as baseless.
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