Govt has not taken any decision on Air India so far : Goyal


PTI, Oct 2, 2021, 3:59 PM IST

Dubai: Commerce and Industry Minister Piyush Goyal on Saturday said the government has not taken any decision on Air India so far and the final winner will be selected through a well-defined process.

“I have been in Dubai since… the day before and I don’t think there is any such decision that has happened at all. Of course, bids were invited…and that is assessed by the officers and in due course of time, there is a whole well laid down the process through which the final winner will be selected,” he told reporters here.

He was replying to a question about media reports stating Tatas have emerged as the top bidder for the takeover of debt-laden Air India.

Tuhin Kanta Pandey, Secretary to Department of Investment and Public Asset Management (DIPAM) — the government department responsible for privatization — had said in a tweet on Friday that the Centre has so far not approved any financial bid for Air India.

“Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect. Media will be informed of the Government’s decision as and when it is taken,” he tweeted.

When asked about the proposed free trade agreement with the UAE, he said there are a lot of opportunities for Indian businesses in sectors such as textiles, gems and jewelry, pharma, and healthcare. There is tremendous potential in both goods and services, he added.

On investments, he said, “we have to encourage Indian businesses to engage with the UAE.”

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Rapid industrialisation shouldn’t come at cost of our environment: Minister Eshwar Khandre

Family court grants divorce to actor Dhanush and Aishwarya Rajinikanth

Belthangady: Three youths drown in river

Speculations about Cabinet reshuffle in Karnataka gain momentum

50 years in the industry feel surreal: Hariharan on childhood, films, and all things music

Gukesh strikes back, levels score in World Chess Championship

Amrita Mahotsava: Mahatma Gandhi Memorial College completes 75 years

Related Articles More

ED arrests Kerala-based man in Qatar bank loan ‘fraud’ case

Kerala Governor appoints vice chancellors to Technological and Digital universities

NIA conducts searches against ‘terror-gangster syndicate’ involved in smuggling arms into India

Maharashtra: Congress MLAs authorise Kharge to nominate CLP leader, chief whip

Will back PM Modi, Shah’s Maharashtra CM pick: Shinde; all eyes on BJP, Fadnavis

MUST WATCH

Grafting

Coconut Flower

Prakash Belawadi

Naxal Leader Vikram Gowda

Christmas Cake Fruit Mixing


Latest Additions

Rapid industrialisation shouldn’t come at cost of our environment: Minister Eshwar Khandre

Family court grants divorce to actor Dhanush and Aishwarya Rajinikanth

Belthangady: Three youths drown in river

Police seize MDMA worth Rs 1.5 lakh, arrest three in Mangaluru

Karnataka MPs’ delegation seeks ban on illegal areca nut imports

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.