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Government has not taken any decision on Air India yet and I don’t think any such decision has been taken: Piyush Goyal

Union Minister Piyush Goyal said in Dubai on Saturday, “I am in Dubai from a day ago and I don’t think any such decision has been taken.

Piyush Goyal on Air India, Dubai: Union Commerce and Industry Minister Piyush Goyal said on Saturday that the government has not yet taken any decision on Air India and the final winner for the airline’s takeover will be selected after due process. will be done through Union Minister Goyal was reacting to media reports that Tata Sons has emerged as the top bidder for the acquisition of debt-ridden Air India.Also Read – Air India Disinvestment: The government denied the news of Tata Sons winning AI’s bid, saying – the approval report is wrong

Union Minister Piyush Goyal told reporters in Dubai on Saturday, “I am in Dubai since a day ago and I don’t think any such decision has been taken. Of course the bids were invited… and these are evaluated by the authorities and in due course. There is a well laid out process for this, through which the final winner will be selected.” Also Read – The interior of Tata’s SUV Punch will be like this, this car equipped with tremendous features competes with them

Tuhin Kant Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), which is responsible for privatization from the government, said in a tweet on Friday that the Center has not yet approved any financial bid for Air India. He tweeted, “The media report on the approval of the financial bids by the Government of India in the case of disinvestment of Air India is incorrect. The media will be informed about the government’s decision.” Also Read – Ruturaj Gaikwad played a brilliant innings against Mumbai Indians: CSK Coach Stephen Fleming

Asked about the proposed Free Trade Agreement (FTA) with the UAE, he said there are huge opportunities for Indian businessmen in sectors such as textiles, gems and jewellery, pharma and healthcare. He said that there is tremendous potential in both the goods and services sectors. On investments, he said, “We have to encourage Indian businesses to engage with the UAE.”

Goyal said that businessmen in UAE have shown keen interest in India. He said, “We have to encourage more Indian companies to do this…. Everyone I meet wants to be a partner in infrastructure development initiatives, they are very keen to see the property monetization programme, they are keen to partner with India to promote tourism.”

The minister said that there are huge opportunities for Indian companies working in the software services sector with the UAE. Goyal said, “There is good potential for India in the UAE. Investment is a big area where we can work in a big way. The UAE over the years has developed capabilities in industries where low-cost energy can help India acquire quality products at very attractive prices.” He inaugurated the Indian Pavilion at the Dubai Expo-2020 here on October 1.

Meanwhile, according to an official Twitter handle of the Consulate General of India in Dubai, the world’s tallest building Burj Khalifa will be lit tonight in honor of the 152nd birth anniversary of Mahatma Gandhi.


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