Saturday, July 20, 2019

Alternative mechanism in place to look into Air India disinvestment, says Hardeep Singh Puri

Speaking at the 12th International Conference-cum-Awards on Civil Aviation and Cargo hosted by the ASSOCHAM, Union Civil Aviation Minister Hardeep Singh Puri said an alternative mechanism was worked out to look into the disinvestment process of state-owned Air India.

He lauded the Union budget and said there was already 100 per cent foreign direct investment (FDI) in several areas of the civil aviation sector but the budget had pointed out two specific sectors for FDI -- maintenance and repair and leasing.

Puri said he was currently working on a 100-day programme and a five-year vision document for both the housing and urban affairs and the civil aviation ministries.
20/07/19 PTI/Business Today

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