‘If I were not a Minister today, I would be bidding for Air India’

As the Government works on divesting debt-laden Air India, Union Minister Piyush Goyal on Thursday said if he was not a minister, he would be bidding for the airline. Air India has been in the red for long and the government is now in the process of finalising the contours for its disinvestment.

Responding to a query about proposed disinvestment of Air India, BPCL and other companies, Goyal said in the first term, the Government had inherited an economy which was in pretty terrible shape.

Steps were taken to put the economy back in shape and if the government had looked at divesting these jewels, it would not have got a great value.

He was talking at a session on ‘Strategic Outlook: India’ at the WEF 2020 here.