Friday, 01 March 2024

 

 

LATEST NEWS Government Institutions Ruined By Sad, Congress Governments Under A Well-Planned Conspiracy: Bhagwant Singh Mann Badal family looted crores from people of punjab for personal benefits: Bhagwant Singh Mann Successful Conclusion of Cybersecurity Course for City Police Officers We must see the Challenges of Emerging Technologies in Real Life : Dr. Shantanu Bhattacharya Bhagwant Singh Mann Unveils Punjab Institute of Liver and Biliary Sciences and FDA Headquarters Indian Comedian And Television Personality Bharti Singh Net Worth 2024 Punjab Government To Open 260 Sports Nurseries In First Phase: Meet Hayer Lieutenant Governor Manoj Sinha Engages in Direct Dialogue with Citizens in Jammu Shiv Shankar Bhole Mahakaal Bhajan by Chettan Krishna Malhotra Released on T-Series for Shivratri Terminal building of Halwara International Airport to be ready by March 31- Sakshi Sawhney Vigilance Bureau nabs ESI clerk for taking Rs 15,000 bribe to clear bills To curb ‘Kabootarbazi’ in Haryana, The Haryana Registration and Regulation of Travel Agents Bill, 2024 has been passed today - Home Minister Anil Vij Nursing Colleges will be established every Medical College in future - Medical Education and Research Minister, Anil Vij Governor Banwari Lal Purohit Punjab confers Honorary doctorate on MP Vikram Sahney LPU hosted two-day Indian Entrepreneurship Conclave- IECon’24 Shark Tank India Season 3: Aastey Pitch Update And Deal Indian Actor And Comedian Sunil Grover Net Worth 2024 National Science Day Celebration at BELA College of Pharmacy Vigilance Bureau Arrests ASI For Taking Rs 6 Lakh Bribe Abu Dhabi Accountability Authority Achieves CIPS Certification in Ethical Procurement and Supply Lt Governor releases book “Empowering Women in India: Exploring Regional Genderscapes”

 

Cabinet to take a call on Air India : Jayant Sinha

Listen to this article

Web Admin

Web Admin

5 Dariya News

Mumbai , 20 Jun 2017

Union Minister Jayant Sinha on Tuesday said that the NITI Aayog's recommendation on the future of national passenger carrier Air India has been presented to the Union cabinet which will take a call on it.According to the Minister of State for Civil Aviation, inter-ministerial consultations on the future of the airline have been completed and "are being summarised and presented" to the Union cabinet.Sinha was responding to questions on the NITI Aayog's recommendations and consultations made on them regarding disinvestment in Air India.The Minister revealed on the sidelines of an event here that several options are available with the government with regard to Air India. However, the final call will have to be taken by the Union cabinet.In a recent report to the Civil Aviation Ministry, the NITI Aayog recommended strategic disinvestment in the loss-making Air India, by which government control would be transferred to a private owner.On May 30, Civil Aviation Minister Ashok Gajapathi Raju said several options and alternatives are available for restoring the financial health of the national passenger carrier.

Raju said that the NITI Aayog has already submitted several suggestions to restore the financial health of the national passenger carrier and these are being examined.On June 5, Finance Minister Arun Jaitley said that the government should have exited the airline more than a decade ago.The Minister in an interview to CNBC TV18 asked why should the tax-payer's money worth Rs 55,000-60,000 crore be invested to save the debt-ridden airline."Civil aviation is turning into a good success story in India... we have a lot of private sector players running very efficient airlines in India," Jaitley told CNBC TV18 in the interview."Therefore, how fair is it for the government to occupy 14 per cent of the market share and then say some Rs 55,000-60,000 crore of tax-payer's money must get into this whole process?"

 

Tags: Jayant Sinha , Ashok Gajapathi Raju Pusapati

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD