New Delhi, Aug 14 : Following the financial crisis due to the rising fuel prices, the Cabinet Secretary will chair a maiden high-level committee meeting today to look into the problems faced by aviation industry.
Constituted by Prime Minister Manmohan Singh on July 9, the panel will recommend measures for sustained growth and healthy development of the industry.
Indian air carriers have jointly suffered an estimated loss of Rs 4000 crore last year, which is expected to double in this fiscal.
Some of the panel members are: Secretaries of the Ministries of Finance, Civil Aviation, Revenue, Petroleum and Natural Gas and the Planning Commission, IDFC Chairman Deepak Parekh and IIM Ahmedabad Professor, Dr Raghuram.