Ø The NDA government’s new draft policy on civil
aviation proposes enhanced regional air connectivity,
rationalisation of jet fuel costs along with broader institutional reforms like
corporatisation of the Airports Authority of India (AAI) and development of a
road map for Air India’s future. The policy, unveiled by Civil Aviation
Minister Ashok Gajapathi Raju proposes listing AAI and Pawan Hans Helicopters
on stock exchanges. The markets reacted favourably to the proposals with stocks
of Jet Airways and SpiceJet surging to 6.82 percent and 5.02 per cent
respectively. Mr. Raju, while clarifying that national carrier Air India would not
be privatised anytime soon, did not rule out the move for the future.
Ø Gujarat has become
the first State to make voting compulsory in local bodies after Governor O.P. Kohli recently gave his
sanction by signing the controversial Gujarat Local Authorities Laws
(Amendment) Bill, 2009.
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