A Group of Ministers (GoM) headed by Union Home Minister Amit Shah today approved the Expression of Interest (EoI) and the share purchase agreement for Air India’s privatisation, a senior government official said.
The EoI and the share purchase agreement would be issued in January itself for the bidders, he said. The last GoM meeting took place in September 2019.
Last year, the Air India Specific Alternative Mechanism (AISAM) approved the re-initiation of the process for the government’s 100% stake sale in Air India along with Air India Express and the carrier’s stake in joint venture AISATS.
