Air India privatisation reflects government resolve to bite reform bullet: Confederation of Indian Industry
The Hindu
‘This impetus was much required as government is lagging in its disinvestment plans’
The Confederation of Indian Industry on Monday said privatisation of national carrier Air India sends out a clear message to the markets and global investors that the Centre has the political will to bite the reform bullet.
The chamber said the time was right to expedite disinvestment efforts in the banking space, with privatisation of identified two public sector banks.
“Air India's successful sell-off, albeit after multiple efforts, will infuse a fresh vigour to the ambitious plan of disinvestment and privatisation of public sector enterprises," CII Director General Chandrajit Banerjee said.
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