A 100% private Air India: Solution to government's problems
Shortpedia
Content Team
As suggested by a statement from Economic affairs secretary Subhash Chandra Garg, Indian Government is willing to reconsider its plan to keep a 24% share in Air India. Selling 100% shares will lure in potential buyers due to the absence of government interference. This move will also get rid of Air India's current debt and provide divestment for the 2018-2019 financial year, as targeted by the FM Arun Jaitley.
