Synopsis: Adopting policies that boost the market valuations of state-run companies will help government to keep the disinvestment momentum. Introduction After the successful disinvestment in Air India, many want the government to build on this and carry out more strategic disinvestment, i.e., sell more government companies, to the private sector. But that is a very… Continue reading India must keep the momentum of Air India’s privatization going
Tag: Air India
Cabinet approves creation of SPV for Air India divestment
The Cabinet has approved the setting up of a special purpose vehicle (SPV) for the disinvestment of Air India and its subsidiaries. Disinvestment is defined as the action of an organisation (or government) selling or liquidating an asset or subsidiary. The name SPV is given to an entity which is formed for a single, well-defined… Continue reading Cabinet approves creation of SPV for Air India divestment
Privatization of Air India
Privatization of Air India In 2000–01, attempts were made to re-privatize Air India. In 2007, Air India and Indian Airlines were merged under Air India Limited The combined losses for Air India and Indian Airlines in 2006–07 were 7.7 billion and after the merger, it went up to 72 billion by March 2009. By March… Continue reading Privatization of Air India
