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Ministry of Civil Aviation to expedite aviation sector proposals

Monday, 20 Jul 2020
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The Ministry of Civil Aviation has set up a single-window clearance mechanism to expedite various investment proposals in the domestic aviation industry.

The Ministry has set up an Investment Clearance Cell (ICC) for prompt assistance and clearance.

The setting up of ICC was announced by Finance Minister Nirmala Sitharaman in 2020-2021 Union Budget in February 2020.

The 10-member ICC will be headed by Amber Dubey, Joint Secretary in the Aviation Ministry. Of the rest nine members on the board, five are from the  Ministry, one each from the Airports Authority of India (AAI) and its cargo and logistics business subsidiary AIACLS, one from the Directorate General of Civil Aviation and one to be co-opted by the chairman as per requirements.

ICC has been mandated to serve as a single-window system for attracting investment, and its terms of reference include accelerating investments, bringing projects to the Empowered Group of Secretaries (EGoS) which require special incentive, policy interventions, expeditious clearances and systematic references, among others.

ICC will also identify projects and report to EGoS and maintain active contacts with investors and work with states, duly adopting ways of on-boarding states to make them a part of the institutional set-up.

Besides, ICC will also identify policy and regulatory issues that come in the way of investments and engage with potential investors to bring the proposal for consideration of EGoS.

 
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