Government puts Air India stake sale plan on back burner

New Delhi : The disinvestment of loss-making Air India will not happen in “near future”, a senior government official on Wednesday told a Parliamentary panel, according to sources.

The Parliamentary Standing Committee on Transport, Tourism and Culture — headed by TMC leader Derek O’ Brien — also sought details about funds infused by the government into Air India, which has been making losses for long.

Senior Civil Aviation Ministry officials appeared before the panel and briefed members about various issues related to the national carrier, sources said.

Responding to a question about the disinvestment plan for Air India, Civil Aviation Secretary R N Choubey said, “not immediately, not in new future”, a member who attended the meeting said.

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