Election year compulsion: Air India stake sale on hold; govt to provide funds for AI operations
The government has decided not to go ahead with Air India stake sale in an election year and will provide required funds for its operations, a senior official said today. The decision comes less than 3 weeks after the proposed 76 per cent strategic stake sale in debt-laden national carrier failed to attract any bidder, reported PTI.
The government has decided not to go ahead with Air India stake sale in an election year. Image source: PTI