NEW DELHI: The Union Cabinet today cleared disinvestment of debt-laden Air India but the final modalities, including the quantum of stake sale, will be decided by a group of ministers.
Finance Minister Arun Jaitley said the Cabinet has given “in-principle” approval for disinvestment of Air India.
A group will be set up to finalise modalities/details of disinvestment of Air India, including the quantum of stake sale, he said.
The civil aviation ministry is charting out the disinvestment of the state-run carrier. (AGENCIES)
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