Paintings in possession of Air India that are the "precious heritage of the country" will be handed over to the Ministry of Culture, Union minister Jayant Sinha said today.
In a written reply to the Rajya Sabha, he said the government has decided that the paintings would not be sold.
"The paintings and artefacts will be preserved and displayed at National Gallery of Modern Arts (NGMA), an organisation under the Ministry of Culture," he said.
Most of the paintings with Air India are kept at its office in Nariman Point, Mumbai.
"Paintings under possession of air India are the precious heritage of the country," the Minister of State for Civil Aviation said.
Further, he said the ministry has formed a committee of persons, who are well-versed in art collection and restoration process as well as have technical expertise to oversee the work.
The decision also comes against the backdrop of proposed disinvestment of debt-laden Air India failing to find buyers in May.
The prized collections of Air India include works of legendary artists like M F Husain, Anjolie Ela Menon and Jatin Das.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
