{"id":1585,"date":"2012-02-28T08:19:42","date_gmt":"2012-02-28T08:19:42","guid":{"rendered":"https:\/\/indianaviationnews.net\/careers\/?p=1585"},"modified":"2012-02-28T08:19:42","modified_gmt":"2012-02-28T08:19:42","slug":"central-vigilance-commission-unearths-rs-190-crore-flying-club-fraud","status":"publish","type":"post","link":"https:\/\/www.indianaviationnews.net\/careers\/2012\/02\/central-vigilance-commission-unearths-rs-190-crore-flying-club-fraud.html","title":{"rendered":"Central Vigilance Commission unearths Rs 190 crore flying club fraud"},"content":{"rendered":"<p>New Delhi: A large number of flying schools across India are involved in an elaborate fraud, posing as no-profit no-loss operations while raking in crores.<br \/>\nAn investigation by the Central Vigilance Commission has found that a majority of flying schools\/clubs in India posed as registered societies, operating on no-profit no-loss basis, to avoid paying the government full fee for operations. Resultantly, the government has lost at least Rs 190 crore in revenue, according to the CVC probe.<br \/>\nAirports Authority of India (AAI) officials allowed 28 flying schools to wrongly claim that they were either registered educational societies or were run on no-profit no-loss basis. This qualified them to pay only a nominal fee to the government.<br \/>\nSources said the CVC has written to the civil aviation ministry to take appropriate action against officials who allowed the flying schools to hoodwink the system.<br \/>\nThe CVC probe found several deviations from rules: These clubs were not registered as educational societies, most of them were not operating on a no-profit no-loss basis and some were even involved in commercial operations.<br \/>\nThe nominal fee for flying clubs is just 10% of the original fee to be paid to the government. This nominal charge is only permitted for those that are registered as educational societies and run on no-profit no-loss basis, and not as profit-making entities.<br \/>\n<span style=\"color: #993366;\">28\/02\/12 Josy Joseph\/<\/span><a href=\"http:\/\/economictimes.indiatimes.com\/news\/news-by-industry\/transportation\/airlines-\/-aviation\/central-vigilance-commission-unearths-rs-190-crore-flying-club-fraud\/articleshow\/12062936.cms  \" target=\"_blank\">Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: A large number of flying schools across India are involved in an elaborate fraud, posing as no-profit no-loss<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1585","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts\/1585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/comments?post=1585"}],"version-history":[{"count":0,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts\/1585\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/media?parent=1585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/categories?post=1585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/tags?post=1585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}