Insta
Draft Expression Of Interest For Sale Of Air India Finalised At Ministerial Panel Meet; To Be Issued Soon
IANS
Jan 07, 2020, 04:02 PM | Updated 04:02 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Centre has finalised the draft Expression of Interest (EoI) for privatisation of Air India, a senior government official said on Tuesday (7 January).
According to the official, the EoI inviting bids for the national carrier will be issued by the month end.
The development comes after the ministerial panel on Air India disinvestment met in New Delhi on Tuesday.
After the meet, Civil Aviation Minister Hardeep Singh Puri said that it was productive and a statement on the decisions taken will be issued soon.
At present, Union Home Minister Amit Shah heads the panel looking after the divestment process. Its other members include Finance Minister Nirmala Sitharaman, Commerce and Railway Minister Piyush Goyal, and the Civil Aviation Minister.
In the previous Modi government, the then Finance Minister Arun Jaitley headed the ministerial panel called the Air India Specific Alternative Mechanism (AISAM).
After failing to find a bidder then, the government is working on a war footing to sell Air India to a private player.
(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.)
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.