Budget 2021: Air India divestment to be concluded next fiscal
NEW DELHI: The privatization of national carrier Air India Limited will be completed during the upcoming financial year 2021-22, finance minister Nirmala Sitharaman told Parliament on Monday while presenting the Union Budget.
Currently the Tata Group and an employee consortium are among interested parties that have submitted expressions of interest (EoI) for the airline.
The employee group comprises 219 employees of the airline and is headed by the director (commercial) and board member Meenakshi Mallik. It hopes to tie up with a private equity fund.
