September 21, 2017 8:16 PM

printer

Group of ministers holds meeting, discusses modalities for strategic disinvestment of Air India

A group of ministers, headed by Finance Minister Arun Jaitley, today held a meeting in New Delhi and discussed the modalities for the strategic disinvestment of Air India. <br/><br/>Official sources said, the meeting was attended by Civil Aviation Minister Ashok Gajapathi Raju and Railway Minister Piyush Goyal, among others. It came a week after the government invited applications from entities to act as advisers for the stake sale process. <br/><br/>In June this year, the government had decided on strategic disinvestment in loss-making Air India to revive the carrier. <br/><br/>The ministerial group is looking into treatment of Air India's unsustainable debt, demerger and strategic disinvestment of three profit-making subsidiaries, among others.

Most Read
View All arrow-right

No posts found.