On June 28, 2017, the Cabinet Committee on Economic Affairs gave its in-principle approval for considering the strategic disinvestment of Air India and five of its subsidiaries. This announcement gave birth to a question as to how a strategic sale of AI shares or their sale through stock market will be carried out.
Air India was nationalized long ago ending its ownership by a private segment. It was intended by a fledgling idea that the AI would create a social circuit for its use by society at large and the dream of only making profit would not come in its way as was thought to be maleficence by the private sector.
You can read up to 3 premium stories before you subscribe to Magzter GOLD
Log in, if you are already a subscriber
Get unlimited access to thousands of curated premium stories, newspapers and 5,000+ magazines
READ THE ENTIRE ISSUE