Disinvestment, yes, but Air India will be in Indian hands: Union Minister Hardeep Singh Puri
NEW DELHI: Civil Aviation Minister Hardeep Singh Puri on Thursday said the government was committed to “strategic disinvestment” of Air India due to “unsustainable debt burden” but promised that the national carrier will remain with an Indian entity.
Responding to supplementaries during Question Hour in the Lok Sabha, Puri also said that though Air India was doing “extremely well”, the debt burden on the carrier was unsustainable.
He said the decision on Air India’s privatization was for the benefit of citizens and the government will do its best to ensure that the company was purchased by an Indian entity.
