News: AI privatisation essential, but 'time not ripe now'

Strategic HR

AI privatisation essential, but 'time not ripe now'

According to an Economic Times report, Civil Aviation Minister Ajit Singh stuck to his stand regarding the future privatisation of Air India, but said that the time was not ripe for it now and the issue was not before the present government. The report quotes him as saying, “This government has only about six months left. There is no plan (for privatising Air India) and the issue is not under active consideration at all.” He, however, maintained it was his personal belief that, in the future, "the government of the day will have to look at privatisation and build a political consensus on the issue before taking a position. I never said I am going to do it".

According to an Economic Times report, Civil Aviation Minister Ajit Singh stuck to his stand regarding the future privatisation of Air India, but said that the time was not ripe for it now and the issue was not before the present government. The report quotes him as saying, “This government has only about six months left. There is no plan (for privatising Air India) and the issue is not under active consideration at all.” He, however, maintained it was his personal belief that, in the future, "the government of the day will have to look at privatisation and build a political consensus on the issue before taking a position. I never said I am going to do it".

"Future governments will have to study the (privatisation) issue. But today, the time and the situation is not correct," he said.

Read the complete ET report here

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Topics: Strategic HR, #Updates, #National

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