New Delhi: Civil Aviation Minister Ajit Singh today stuck to his stand regarding the future privatisation of Air India, but said that the time was not right for it now and the issue was not before the present government.
“This government has only about six months left. There is no plan (for privatising Air India) and the issue is not under active consideration at all,” he told reporters here.
He, however, maintained it was his personal belief that, in the future, “the government of the day will have to look at privatisation and build a political consensus on the issue before taking a position. I never said I am going to do it”.
Maintaining that the government would not give any more funds to the airline after the equity infusion of Rs 30,000 crore till 2021, Singh said, “I am firmly of the view that government should not be in the service sector like hotels.
“Future governments will have to study the (privatisation) issue. But today, the time and the situation is not correct,” he said.
07/10/13 Business Line
To Read the News in full at Source, Click the Headline
“This government has only about six months left. There is no plan (for privatising Air India) and the issue is not under active consideration at all,” he told reporters here.
He, however, maintained it was his personal belief that, in the future, “the government of the day will have to look at privatisation and build a political consensus on the issue before taking a position. I never said I am going to do it”.
Maintaining that the government would not give any more funds to the airline after the equity infusion of Rs 30,000 crore till 2021, Singh said, “I am firmly of the view that government should not be in the service sector like hotels.
“Future governments will have to study the (privatisation) issue. But today, the time and the situation is not correct,” he said.
07/10/13 Business Line
