Government keen to push reforms in aviation sector through Air India stake sale

The Government is keen to push the divestment of its stake in Air India as a step towards introducing reforms in the domestic aviation sector.

“The Government has done a lot to involve the private sector in the domestic airport sector. This experiment has helped provide funds which have been used for development of other airports,” said a person in the know of the current developments when asked about the objective of divesting government stake in Air India.

The funds generated from Air India’s divestment will be used for developing other sectors which are the government’s priorities. The divestment will also save money for the government, which till now was used for pumping money into Air India.