The process of selling national carrier Air India has almost concluded, with Tata Sons emerging as the highest bidder. This will be the first privatization of a state-owned entity in nearly two decades. It is thus natural that Tuhin Kanta Pandey, Secretary of the Finance Ministry’s Department of Investment and Public Asset Management (DIPAM), is confident that a number of other pending privatization plans can be concluded this financial year. Speaking to Moneycontrol on October 9, Pandey expressed faith that his department will be able to privatize a number of PSUs before March 31, 2022 and meet the steep divestment target of Rs 1.75 lakh crore. Edited excerpts >>
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» Had govt retained Air India, aviation sector growth would have been constrained
Had govt retained Air India, aviation sector growth would have been constrained
Monday, October 11, 2021
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