Suresh Prabhu
Airlines must look at common services facility to cut costs: Suresh Prabhu
As Indian airlines seek to expand their fleet, former Union Civil Aviation Minister Suresh Prabhu has said the carriers should look at having a common services facility within the country for maintenance, repair and overhaul works as that will help reduce costs. With Air India placing orders for new aircraft after more than 17 years, he also said the airline should look at flying more on the profitable Gulf routes as well as restoring overseas "historical connections" which it used to operate earlier. Prabhu served as the Civil Aviation Minister from March 2018 to May 2019 and during his tenure also efforts were made to turnaround the loss-making Air India, which was finally taken over by the Tata Group in January 2022 under the government's disinvestment programme. "We should work on having international aviation hubs in India as well as look at having some sort of a common aviation services facility that can be shared by all airlines. Such a facility will help in reducing costs as
 "Airlines must look at common services facility to cut costs: Suresh Prabhu")
Suresh Prabhu calls for greater role of startups in core sectors
Prabhu added that the Indian economy's rate of growth would get accelerated with India's vaccination drive picking up pace, which will revive businesses and, in turn the overall economy
 "Suresh Prabhu calls for greater role of startups in core sectors")
Do not make promises that you know you cannot keep: Suresh Prabhu
Former environment and power minister and current Sherpa on negotiations with G7 and G20, Suresh Prabhu tells Aditi Phadnis in an interview the approach India should adopt on Net Zero. Edited excerpts
Best way to move forward on farmers' protests is dialogue: Suresh Prabhu
The best way to move forward over the ongoing farmers' protests in Delhi is dialogue and the NDA government is willing to talk to the ryots to resolve the issue, Suresh Prabhu said on Friday.
 "Best way to move forward on farmers' protests is dialogue: Suresh Prabhu")
Mining resumption issue needs sympathetic consideration: Suresh Prabhu
The demand for resumption of mining in Goa should be tackled sympathetically, India's Sherpa to G20 and G7 Suresh Prabhu said after meeting families of the people dependent on the mining industry
 "Mining resumption issue needs sympathetic consideration: Suresh Prabhu")
India is at forefront of fighting money laundering, says Suresh Prabhu
Addressing a virtual ''AML/CFT Conference 2020'', Prabhu said that criminally-minded people use terrorism, and by and large, the kind of terrorism the world is facing is motivated by ideology
 "India is at forefront of fighting money laundering, says Suresh Prabhu")
Suresh Prabhu launches India Bamboo Forum to promote sector's growth
Suresh Prabhu has launched an independent forum with an aim to boost the bamboo sector by promoting entrepreneurship, research, and trade of high quality bamboo products in a sustainable manner
WTO reforms have to factor in interests of all, says Suresh Prabhu
"WTO's reforms have to take into account the interests of all members. It has to come out with a forward-looking agenda in an inclusive manner," Prabhu said
WTO must come out of ventilator and work to revive multilateralism: Prabhu
Says multilateralism is under threat on post-Covid world, calls for forward-looking, inclusive agenda
Post-coronavirus India: Exporters must seek bigger global share, says Goyal
Goyal asks exporters to "identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets
 "Post-coronavirus India: Exporters must seek bigger global share, says Goyal")
Over Rs 300 cr invested in airport infra in FY20, surge in domestic fleet
In an official statement, the aviation ministry also said while as many as 10 airports commenced operations in 2019, 335 routes have been awarded, covering 33 aerodromes during the year
 "Over Rs 300 cr invested in airport infra in FY20, surge in domestic fleet")
Startups to play key role in making India a $5 trn economy: Suresh Prabhu
Prabhu said there are three components that are necessary to achieve India's ambition of becoming a $5 trillion economy.
Surrogacy law: RS members want close-relative, 5-year marriage norms eased
Prabhu also asked why should surrogacy be restricted to one child as provided in the bill.
 "Surrogacy law: RS members want close-relative, 5-year marriage norms eased")
Wilbur Ross, Suresh Prabhu calm US nerves in a rather unconventional way
Wilbur Ross, Suresh Prabhu calm US nerves in a rather unconventional way
ATF under GST will ensure level playing field for domestic airlines: Prabhu
He said input costs should be competitive for any sector and the ministry has been of the strong view that the fuel should be brought under the GST regime
New industrial policy ready, next govt to announce it: Suresh Prabhu
This will be the third industrial policy after the ones released in 1956 and 1991
Suresh Prabhu confident of meeting $100-billion FDI target by 2020
"We have achieved record FDI inflows last year. We have set a target and are already working on bringing in USD 100 billion FDI (by 2020)," Prabhu said
23,779 hectares of SEZ development land lying vacant: Suresh Prabhu
The Board of Approval (BoA), chaired by the commerce secretary, for SEZs only considers proposals for setting up of new zones which have been duly recommended by the state government, says Prabhu
Have taken up 'angel tax' issue of startups with FinMin: Suresh Prabhu
An angel investor is the one who funds a startup when it is taking baby steps to establish itself in the competitive market
Huge investment scopes for Turkish construction firms in India: Prabhu
While India's exports to Turkey stood at $5 billion, imports were only $2.2 billion in 2017-18
 "Huge investment scopes for Turkish construction firms in India: Prabhu")
