Business

New Delhi: Government has issued memorandum to sell 100 percent stake in debt-laden Air India. People are constantly getting feedback on this proposal. Now BJP MP Subramanian Swamy has also kept his point about it.

Subramaniam Swamy tweeted, “The offer to sell Air India is completely anti-national and I will be forced to go to court.” We cannot sell the precious things of the family. ”

Efforts to sell loss-making government airline Air India have started again. The government has announced an open tender to sell to Air India. Government will sell 100% shares in Air India. According to the government tender, buyers will have to apply by March 17.

The buyer will not get the Air India building in Mumbai. After the bidding process, short-list buyers will be informed by 31 March. Along with Air India, the government will also sell 100 percent of Air India Express and 50 percent of AISATS.

Let us know that in the year 2018, the government has tried to sell Air India but at that time no buyer was found. In the previous attempt, the government had decided to sell only 76 percent. It is believed that due to not getting a single buyer at that time, the government has come up with a proposal to sell 100% stake this time.

On January 7, a group of ministers headed by Home Minister Amit Shah approved the proposal related to privatization of Air India. Air India owes 80 thousand crore rupees. Explain that Air India was launched by JRD Tata in the year 1932 under the name of Tata Airlines. It was renamed in 1946 and then in 1953, the government took it under its ownership.