The Bharatiya Vayuyan Vidheyak 2024 was passed in the Rajya Sabha by a voice vote. It was earlier cleared by the Lok Sabha on August 9
The Aircraft (Amendment) Bill, 2020 also provides for keeping "aircraft belonging to any armed forces of the Union, other than naval, from military or air force outside the purview" of the Aircraft Act, 1934.
To make it easier for overseas aircraft lessors, the government has proposed setting a deadline of five working days for giving permission to fly back de-registered aircraft to their respective jurisdictions.
According to Ajay Dua, Tatas are unlikely to face any hurdle in its new joint venture with the Singapore airlines as they fulfill the FEMA requirement of 51 percent by the Indian company and 49 percent by the foreign entity.