Mumbai: Chief Minister Devendra Fadnavis on Tuesday set up a committee comprising senior bureaucrats to negotiate the purchase of the iconic Air India building on Marine Drive in South Mumbai with the ministry of civil aviation.
The panel comprises chief secretary Dinesh Kumar Jain, finance secretary U P S Madan, industries secretary Satish Gavai and the CM’s principal secretary Bhushan Gagrani.
Though the building comes with a huge price tag, it is expected to ease administration as well as cut down on the state’s rental costs. The state government is banking on cash-rich state-run corporations such as Cidco, MIDC, Slum Rehabilitation Authority and Mhada to raise funds for acquisition.
Debt-ridden national carrier Air India had floated tenders on December 7 for sale of the 23-storey building. While the last date for submitting bids was December 31, Air India received only two bids __ one from the state government and the other from LIC. The airline has already shifted its corporate headquarters from here to Delhi.
Speaking to TOI, a senior state bureaucrat said, “We had submitted a bid document. However, it has now been proposed that it should be a government-to-government transfer, from the ministry of civil aviation to the state government at a mutually decided price.”
16/01/19 Times of India
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The panel comprises chief secretary Dinesh Kumar Jain, finance secretary U P S Madan, industries secretary Satish Gavai and the CM’s principal secretary Bhushan Gagrani.
Though the building comes with a huge price tag, it is expected to ease administration as well as cut down on the state’s rental costs. The state government is banking on cash-rich state-run corporations such as Cidco, MIDC, Slum Rehabilitation Authority and Mhada to raise funds for acquisition.
Debt-ridden national carrier Air India had floated tenders on December 7 for sale of the 23-storey building. While the last date for submitting bids was December 31, Air India received only two bids __ one from the state government and the other from LIC. The airline has already shifted its corporate headquarters from here to Delhi.
Speaking to TOI, a senior state bureaucrat said, “We had submitted a bid document. However, it has now been proposed that it should be a government-to-government transfer, from the ministry of civil aviation to the state government at a mutually decided price.”
16/01/19 Times of India
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