Air India Current Affairs, GK & News

Vande Bharat Mission Phase 5 to Start from August 1

The fifth phase of the Vande Bharat Mission aimed at evacuating the Indian nationals stranded in various foreign countries on account of restrictions on air travel will commence from August 1. India has already brought around 2.5 lakhs stranded Indians from various countries through Air India flights. Now, additional flights will be launched in order ..

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Air India Forms Panel to Identify Employees to be sent on Leave

The government-owned airline carrier Air India has formed a committee in order to kick-start the process of identifying the employees who can be sent on leave without pay for a period of maximum 5 years. The committee is mandated to find out employees who are redundant or surplus in the organization and they will be ..

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Vandhe Bharat Mission: The Biggest Evacuation Exercise begins

On May 7, 2020, the Government of India is to begin “Vandhe Bharat Mission”. The mission is considered as one of the biggest evacuation exercise. Highlights The Vandhe Bharat Mission aims at bringing stranded Indians from all over the world. More than 14,800 Indians are stranded abroad. The mission also aims at operating non-scheduled commercial ..

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Cabinet approves amendment to ‘Foreign direct investment policy on civil aviation’

The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India under the automatic route. Prior to this amendment, only 49 per cent was available for sale to NRIs in Air India. After the proposed ..

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Cabinet Approval: Foreign Direct Investment Policy on Civil Aviation

On March 4, 2020, the Union Cabinet under PM Modi cleared the Foreign Direct Investment Policy on Civil Aviation. According to the policy, 100% FDI is permitted in the air transport services. Earlier only 49% was available for sale to NRIs Benefit The main benefit of the policy is that it will help in divestment ..

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