Panel seeks details on Air India disinvestment decision
A parliamentary panel has reportedly sought explanation on the reasons behind Air India's disinvestment decision from the Civil Aviation Ministry. The Aviation Secretary has been asked to appear before the panel on July 12. Reports said the issue was raised by Congress member and former Minister of State for Civil Aviation KC Venugopal.
New Delhi, Jul 5 (PTI) A Parliamentary panel is understood to have sought details from the government on the Air India disinvestment decision. Sources said the governments decision to divest stake in Air India was discussed today at the meeting of the Department-related Parliamentary Standing Committee on Transport, Tourism and Culture. After the discussion, it was decided to seek an explanation on the reasons behind the disinvestment decision from the civil aviation ministry. The aviation secretary is believed to have been asked to appear before the panel on July 12, sources said. On June 28, the Cabinet Committee on Economic Affairs gave its in-principle approval for the disinvestment of Air India, which has been in the red for long. 