Air India employees’ interest will be protected, says minister

NEW DELHI: The interest of Air India employees will be safeguarded in accordance with the guidance of the Department of Investment and Public Asset Management, Union Minister Hardeep Singh Puri said on Wednesday.

The disinvestment process of Air India, which had a total debt of over Rs 38,366 crore in the last fiscal — is in progress.

“The interest of the employees of Air India will be safeguarded in accordance with the guidance of the Department of Investment and Public Asset Management, Ministry of Finance and same will be reflected in the Share Purchase Agreement to be signed with new owner post disinvestment,” Puri said in a written reply to the Rajya Sabha.

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