The government expects to complete the sale of Air India in the first half of the next fiscal
Civil Aviation Minister Hardeep Singh Puri on Monday expressed confidence that this time around, there will be no problem in Air India’s divestment. Mr Puri was speaking at an event held to distribute the ‘Letters of Appreciation’ issued by Prime Minister to the staff of Air India who conducted evacuation operation of the stranded Indians from the Wuhan city.
The Minister’s comments assume significance since the last attempt to divest a stake in Air India had failed.
According to the minister, the divestment process has received a healthy response.
The government expects to complete the sale of Air India in the first half of the next fiscal, according to Department of Investment and Public Asset Management (DIPAM).
Source: NDTV Profit