Amid concerns about the crisis in the Indian economy following GDP growth slipping to a 26-quarter low of 4.5 per cent in July-September, the government is open to further reforms for making India a more attractive investment destination.
It also said about 12 global companies have evinced interest to shift their base from China to India, taking advantage of the competitive tax rate of 15 per cent announced recently.
Currently the GDP growth rate has slowed for the sixth consecutive quarter, with the previous low recorded at 4.3 per cent in March 2013.
The Ministry of Civil Aviation has told that the Imphal-Mandalay route will be included in the International UDAN scheme, with the bidding process for selection of airlines to be completed within two months.
Manipur government had been pursuing the introduction of flight operations between Imphal and Mandalay for quite some time, but instead of a scheduled flight service, permission for chartered flights was given that too for a limited duration of time.
Under the UDAN scheme, airlines are required to bid on the number of passenger seats per flight for which they will require a subsidy.