<h1>IFSCA Releases Consultation Paper on Proposed Aircraft Leasing Regulations to Boost India's Aviation Financing Industry.</h1> The International Financial Services Centres Authority (IFSCA) has issued a consultation paper on proposed Aircraft Leasing Regulations to develop India's aircraft financing and leasing industry. This initiative follows the government's recognition of aircraft leasing as a financial product under the International Financial Services Centres Authority Act, 2019. The regulations aim to establish a framework for leasing entities in India's International Financial Services Centre (GIFT City), attracting global interest due to India's rapidly expanding aviation market. Domestic airlines are also interested in leveraging this opportunity for easier access to global lessors. Public feedback will be considered before finalizing the regulations.