Sunday, July 07, 2019

‘After disinvestment, national carrier status for Air India is immaterial’

The government intends to re-initiate the disinvestment process for national carrier Air India by early next month as it is waiting for audited financial results. The Budget has hinted at the government’s focus on disinvestment of non-financial CPSUs. Consolidation is an ongoing activity. The 2016-17 Budget referred to integration across the value chain. Therefore, integration across the value chain as well as making a company sharpen its focus on its value chain, both these activities will always go together, Atanu Chakraborty, Secretary, Department of Investment and Public Asset Management (DIPAM), told BusinessLine in an interview.
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