Saturday, May 31, 2014

Air India privatization an option: Aviation Minister

New Delhi: The BJP-led National Democratic Alliance (NDA) said it is open to the idea of privatization of loss-making Air India (AI), as infusion of tax payer’s money couldn’t be endless.
The new government is open to the idea of privatising loss-making Air India (AI), which is surviving on a bailout funded by the taxpayer, civil aviation minister Ashok Gajapathi Raju Pusapati said on Thursday soon after taking charge of the ministry.
The new aviation minister Pusapati Ashok Gajapathi Raju said the government will look into all issues related to the national carrier and that it is "not close to any idea".
He also said that several public sector companies do function well in several countries.
30/05/14 India TV
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