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કેબિનેટે એર ઇન્ડિયા અને તેની પાંચ સહાયક કંપનીઓના વિનિવેશની સૈધ્ધાંતિક મંજુરી આપી

Published By : Admin | June 28, 2017 | 20:28 IST
Cabinet gives ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries 

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air India and five of its subsidiaries) based on the recommendations of Core Group of Secretaries on Disinvestment (CGD).

(i) ‘In principle’ approval for considering strategic disinvestment of Air India and five of its subsidiaries.

(ii) Constitution of an Air India-specific Alternative Mechanism headed by Minister of Finance including Minister for Civil Aviation and such other Minister(s) to guide the process on strategic disinvestment from time to time and decide the following:

  1. Treatment of unsustainable debt of Air India;
  2. Hiving off of certain assets to a shell company;
  3. Demerger and strategic disinvestment of three profit-making subsidiaries;
  4. The quantum of disinvestment; and
  5. The universe of bidders.

 

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PM Modi pays homage to Dr Harekrushna Mahatab on his 125th birth anniversary
November 22, 2024

The Prime Minister Shri Narendra Modi today hailed Dr. Harekrushna Mahatab Ji as a towering personality who devoted his life to making India free and ensuring a life of dignity and equality for every Indian. Paying homage on his 125th birth anniversary, Shri Modi reiterated the Government’s commitment to fulfilling Dr. Mahtab’s ideals.

Responding to a post on X by the President of India, he wrote:

“Dr. Harekrushna Mahatab Ji was a towering personality who devoted his life to making India free and ensuring a life of dignity and equality for every Indian. His contribution towards Odisha's development is particularly noteworthy. He was also a prolific thinker and intellectual. I pay homage to him on his 125th birth anniversary and reiterate our commitment to fulfilling his ideals.”