Centre permits 100 pc FDI via automatic route for aircraft maintenance, repair and overhaul
The Union Government has permitted 100 per cent Foreign Direct Investment (FDI) via automatic route for aircraft maintenance, repair and overhaul (MRO).
Concerned over delays in land acquisition for highway projects in the North East, the Centre has sought the intervention of officials in the region for expediting the process, a top official has said.
In Mizoram alone, the official said, projects worth Rs 6,000 crore are facing land acquisition hurdles and the state government has been requested to expedite the acquisition.
These projects that are JICA funded are being undertaken in eight packages, a top NHIDCL official told PTI.
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The government is planning to undertake highway projects worth about Rs 1.45 lakh crore, spread over 2-3 years, to upgrade the infrastructure in the region.
A total of 197 road development projects are being implemented under various programmes and schemes of the road transport and highways ministry in the north eastern states.
“There have been delays in land acquisition for highway projects in north eastern states including the Imphal-Moreh highway section in Manipur and a 350 km JICA funded project in Mizoram. We have sought state government’s intervention expediting land acquisition,” the official said.
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