- Tuesday, April 30, 2024
By: Shubham Ghosh
INDIAN commerce and industry minister Piyush Goyal on Saturday (2) said the Narendra Modi government has not taken any decision on national carrier Air India so far and the final winner will be selected through a well-defined process.
Goyal, who is in Dubai, the United Arab Emirates where he inaugurated the India pavilion at the Dubai Expo 2020 on Friday (1), told reporters, “I have been in Dubai since…day before and I don’t think there is any such decision that has happened at all. Of course bids were invited…and that is assessed by the officers and in due course of time, there is a whole well laid down process through which the final winner will be selected.”
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The Indian minister spoke on the matter after he was asked a question over media reports saying Tatas have emerged as the top bidder for the takeover of the debt-laden carrier.
Tuhin Kanta Pandey, secretary to Department of Investment and Public Asset Management — the government department responsible for privatisation — said in a tweet on Friday that the central government has so far not approved any financial bid for Air India.
“Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect. Media will be informed of the Government’s decision as and when it is taken,” he tweeted.
