Budget 2019 sets the ball rolling for FDI in aviation
The government has proposed to hike the foreign direct investment (FDI) limit in domestic air carriers from existing 49%, Nirmala Sitharaman, finance minister of India said in her maiden…
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Nirmala Sitharaman
Tourism Budget 2019: Govt to transform 17 ‘iconic sites’ into world-class destinations
Union finance minister Nirmala Sitharaman said 17 iconic sites will be transformed into world-class destinations to give a boost to the tourism sector. In her maiden Budget speech,…
Foreign tourist arrivals decline with slowdown in services sector growth
The growth of the services sector moderated to 7.5% in 2018-19 from 8.1% in 2017-18, according to the Economic Survey tabled in the Parliament by Nirmala Sitharaman, union minister for…
