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Most respondents agree with our view on Air India disinvestment: SJM

Press Trust of India  |  New Delhi 

The RSS-affiliated Swadeshi Jagran Manch, which is preparing a report to suggest alternative ways to revive Air India, has said most of the respondents in their inputs supported the on the issue.

A five-member team is preparing a report to suggest alternative ways to revive as it has expressed its reservation over the current form of the and has sought to explore other options. The report would be presented to soon.

The report would be considered before taking any call on Air India's disinvestment, sources had earlier told

"We are overwhelmed with the responses to our call for inputs on of #AirIndia. Its very encouraging to see, most of respondents agree with our point of view," SJM co-convener Ashwini Mahajan tweeted yesterday.

The tweet of Mahajan, who leads the five member team, came in the backdrop of the government holding a series of meetings about the disinvestment process even as the deadline for submission of preliminary bids for the stake sale in ends on May 31.

A group of ministers, constituted to chalk out the strategy for the disinvestment had met here yesterday.

The meeting was attending by Prabhu, and Piyush Goyal, who holds the additional charge of

A separate review meeting surrounding the disinvestment process was also understood to have been chaired by the PMO today.

The government had on May 1 announced extension of the deadline for submission of initial bids for stake sale till May 31 and issued a slew of clarifications on the divestment process, including that individuals other than the are barred from bidding.

Coming out with a set of clarifications in the form of 160 questions and respective answers, the government also made it clear that it would have the rights of a "minority shareholder" with 24 per cent stake in Air India post disinvestment.

Major private carriers such as and have already announced to opt out of the disinvestment process.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 20:40 IST
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