Secretaries' group to discuss Air India EoI on Monday
In its meeting on Monday, the core group of secretaries from ministries of finance, corporate affairs and law are expected to discuss the next step in drafting the EoI for stake sale in Air India
- Oct 27, 2019,
- Updated Oct 27, 2019 5:40 PM IST
A core group of secretaries will reportedly meet on Monday to discuss the drafting of express of interest for Air India disinvestment. In this meeting, the group is expected to discuss the next step in drafting the EoI for stake sale in Air India, news agency IANS reported. The core group comprises of all finance ministry secretaries, along with corporate affairs secretary and law secretary.
This will be the second meeting of the group this month. In their last meeting, the secretaries had discussed the EoIs for Air India and approved the strategic sale in BPCL, Shipping Corporation of India (SCI), BEML and Concor. The group of secretaries had also cleared stake sales in THDC India and Neepco were also cleared. These two power PSUs could be taken over by state-run NTPC.
Oil firms defer snapping fuel supplies to Air India
Earlier, strategic disinvestment process did not allow for stakeholder consultation before the EoI was floated by the government. The same thing happened in the previous attempt to disinvest government stake in Air India.
A core group of secretaries will reportedly meet on Monday to discuss the drafting of express of interest for Air India disinvestment. In this meeting, the group is expected to discuss the next step in drafting the EoI for stake sale in Air India, news agency IANS reported. The core group comprises of all finance ministry secretaries, along with corporate affairs secretary and law secretary.
This will be the second meeting of the group this month. In their last meeting, the secretaries had discussed the EoIs for Air India and approved the strategic sale in BPCL, Shipping Corporation of India (SCI), BEML and Concor. The group of secretaries had also cleared stake sales in THDC India and Neepco were also cleared. These two power PSUs could be taken over by state-run NTPC.
Oil firms defer snapping fuel supplies to Air India
Earlier, strategic disinvestment process did not allow for stakeholder consultation before the EoI was floated by the government. The same thing happened in the previous attempt to disinvest government stake in Air India.