Commerce and Trade Minister Piyush Goyal on Saturday mentioned the federal government has not taken any resolution on Air India to date and the ultimate winner shall be chosen by means of a nicely outlined course of.
“I’ve been in Dubai since…Day earlier than and I do not suppose there may be any such resolution that has occurred in any respect. In fact bids have been invited…And that’s assessed by the officers and in the end of time, there’s a entire nicely laid down course of by means of which the ultimate winner will chosen,” he instructed reporters right here.
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He was replying to a query about media stories stating Tatas have emerged as the highest bidder for the takeover of debt-laden Air India.
Tuhin Kanta Pandey, Secretary to Division of Funding and Public Asset Administration (DIPAM) — the federal government division liable for privatisation — had mentioned in a tweet on Friday that the Centre has to date not permitted any monetary bid for Air India.
“Media stories indicating approval of monetary bids by Authorities of India within the AI disinvestment case are incorrect. Media shall be knowledgeable of the Authorities’s resolution as and when it’s taken,” he tweeted.
When requested concerning the proposed free commerce settlement with the UAE, he mentioned there are lot of alternatives for Indian companies in sectors resembling textiles, gems and jewelry, pharma and healthcare. There may be super potential in each items and companies, he added.
On investments, he mentioned “we’ve to encourage Indian companies to interact with the UAE.”
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