Union minister Jyotiraditya Scindia (Photo | EPS, Shekhar Yadav) 
Business

Govt announces new policy for 'Maintenance, Repair and Overhaul' activities

To boost MRO activities, the government has selected eight airports, including Delhi and Kolkata, for such works and to attract investments.

PTI

NEW DELHI: The government on Thursday announced a new policy for Maintenance, Repair and Overhaul (MRO) activities.

Civil Aviation Minister Jyotiraditya Scindia said the aim is to make India a global hub for MRO.

Discussions are also going on for convergence between civil and military works with respect to MRO, he told reporters here.

To boost MRO activities, the government has selected eight airports, including Delhi and Kolkata, for such works and to attract investments.

The government has been making efforts to bolster MRO activities in the country.

Currently, most of such works are done outside the country.

In March last year, the GST Council decided to reduce the GST on MRO services to 5 per cent from 18 per cent.

Teacher, temple aide, former mechanic: Who are the 8 arrested in Ayodhya Ram Temple donation theft probe?

Prashant Kishor to make electoral debut in Bankipur bypoll for Nitin Nabin's seat

Monsoon intensifies across India: Mumbai air traffic hit, alerts in three states, rain in Delhi-NCR

Man dies after tree falls on shop in Mumbai, taking monsoon death toll to three

Odisha SIR: Over 20 lakh names deleted after enumeration; EC publishes draft rolls

SCROLL FOR NEXT