Centre to initiate Air India’s disinvestment process soon
NEW DELHI: The Centre is likely to issue the expression of interest (EoI) and the Share Purchase Agreement (SPA) for Air India’s disinvestment early next week.With the losses of the airline mounting, the disinvestment of Air India is among the top priorities of NDA 2.0 government. Sources said that the expression of interest and the SPA are likely to be in public domain by next week.
The proposal for disinvestment was approved in a group of ministers (GoM) meeting recently on January 7 headed by Union Home Minister Amit Shah. Union finance minister Nirmala Sitharaman, Commerce Minister and Railways minister Piyush Goyal and Civil Aviation minister Hardeep Puri were also part of that meeting.
