Selling profit-making subsidiaries of Air India won't be wise, says Gadkari

His statement is significant as he is a member of GoM that is finalising its privatisation process

Union minister Nitin Gadkari on Sunday said selling Air India’s profit-making subsidiaries would not be a wise decision as the government had invested heavily in them and they had started generating revenue.

Gadkari’s statement at an event in Nagpur assumes significance because he is a member of the group of ministers that is finalising the process for the airline’s privatisation. He holds the portfolios of road transport, highways and shipping in the Narendra Modi government.

The government is considering selling the national carrier’s lucrative subsidiaries to repay a portion of the company’s debt. Gadkari’s views, thus, seems to indicate a difference of