Monday, April 23, 2012

Indian Government Delays FDI Decision

The spate of recent reports on the Indian government's imminent approval of investment by foreign airlines appear to have been premature as a decision is no longer expected before the end of May at the earliest. See Nigam Prusty and Manoj Kumar, India Decision on Aviation FDI Not Before May-End: Minister, Reuters, April 20, 2012 (available here). The Indian government reportedly feels it needs time to bolster political support for the measure. See Mihir Mishra, Aviation FDI: Cautious, Centre Set to Take Allies on Board, Business Standard, April 23, 2012 (available here).

http://lawprofessors.typepad.com/aviation/2012/04/indian-government-delays-fdi-decision.html

| Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef016304a63aad970d

Listed below are links to weblogs that reference Indian Government Delays FDI Decision:

Comments

Post a comment