{"id":407654,"date":"2021-03-30T08:34:32","date_gmt":"2021-03-30T03:04:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407654"},"modified":"2021-03-30T08:52:48","modified_gmt":"2021-03-30T03:22:48","slug":"air-india-privatisation-likely-to-be-completed-by-may-end-hardeep-puri-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-privatisation-likely-to-be-completed-by-may-end-hardeep-puri-2\/","title":{"rendered":"Air India Privatisation likely to be completed by May-end: Hardeep Puri"},"content":{"rendered":"<p>Union Civil Aviation Minister Hardeep Singh Puri on Saturday stated that the privatisation of Air India is likely to be completed by the end of May.<\/p>\n<p>&#8220;At a meeting on Monday, it was decided that the government will close the financial bids within 64 days,&#8221; Puri told ANI, adding that there were multiple bidders and some have been shortlisted. <\/p>\n<p>Other Public sector undertakings (PSUs) like Pawan Hans disinvestment is also under process, the minister added.<\/p>\n<p>&#8220;The airline still is in debt of Rs 60,000 crore and it is liable to be sold,&#8221; Puri further said.<\/p>\n<p>The minister also said that the second wave of COVID-19 has delayed airlines being allowed to operate 100 per cent that was planned to happen from the start of the summer schedule this month-end.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Civil Aviation Minister Hardeep Singh Puri on Saturday stated that the privatisation of Air India is likely to be completed by the end of May. &#8220;At a meeting on Monday, it was decided that the government will close the financial bids within 64 days,&#8221; Puri told ANI, adding that there were multiple bidders and some have been shortlisted. Other Public sector undertakings (PSUs) like Pawan Hans disinvestment is also under process, the minister added. &#8220;The airline still is in debt of Rs 60,000 crore and it is liable to be sold,&#8221; Puri further said. The minister also said that [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-407654","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=407654"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407654\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}