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This time, no problem in Air India's divestment: Minister

Civil Aviation Minister Hardeep Singh Puri on Monday exhumed confidence that this time around there will be no problem in Air India's divestment.

IANS Reported by: IANS New Delhi Published on: February 17, 2020 15:35 IST
This time, no problem in Air India's divestment: Minister
Image Source : IANS

This time, no problem in Air India's divestment: Minister

(representative image)

Civil Aviation Minister Hardeep Singh Puri on Monday exhumed confidence that this time around there will be no problem in Air India's divestment. Puri was speaking in New Delhi 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 the Department of Investment and Public Asset Management (DIPAM). 

ALSO READ |Air India has dues of over Rs 822 crore towards VVIP charter flights: RTI

 

 

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