Sunday, October 03, 2021

No Decision Taken On Air India So Far: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said the government has not taken any decision on Air India so far and the final winner will be selected through a well defined process.

"I have been in Dubai before and I don't think there is any such decision that has happened at all. Of course bids were invited...and that is assessed by the officers and in due course of time, there is a whole well laid down process through which the final winner will selected," he told reporters.

He was replying to a question about media reports stating Tatas have emerged as the top bidder for the takeover of debt-laden Air India. Tuhin Kanta Pandey, Secretary to Department of Investment and Public Asset Management (DIPAM) -- the government department responsible for privatisation -- had said in a tweet on Friday that the Centre has so far not approved any financial bid for Air India.

"Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect. Media will be informed of the Government's decision as and when it is taken," he tweeted.

02/10/21 PTI/NDTV

To Read the News in full at Source, Click the Headline


Post a Comment