No plan to sell off entire government stake in AI: Minister
New Delhi, Aug 1 : The government has no plans to sell-off its entire stake in Air India, Parliament was told on Wednesday.
Minister of State for Civil Aviation Jayant Sinha informed the Rajya Sabha in a written reply to a question on whether the government is considering to exit from the airline altogether, instead of holding a 24 per cent stake.
"The government has no such plan to exit Air India altogether," he was quoted as saying in the reply.
The government had invited Expression of Interest (EoI) on March 28 this year for disinvestment of Air India including the national carrier's share-holding interest in the Air India Express Ltd and Air India SATS. But it received no response till May 31, the closing day.
"Probable reasons as analyzed by the 'Transaction Advisor, i.e, M/s EY' for non-receipt of bids, inter-alia, are GOI 24 per cent stake and corresponding rights, high amount of allocated debt, changes in macro environment, individuals not being allowed to bid, profitability track record and bidders not being able to form a consortium within given time period," he said in the reply.
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'I go to Parliament to create impact, not ruckus': Raghav Chadha rubbishes AAP's allegations
New Delhi (PTI): "I go to Parliament to create impact, not ruckus," said Rajya Sabha MP Raghav Chadha on Saturday as he rejected allegations levelled against him by the Aam Aadmi Party, calling them "false" and part of a "coordinated campaign".
In a video, Chadha dismissed claims that he did not join opposition walkouts, terming the charge a "blatant lie".
He challenged his detractors to cite even a single instance where he failed to participate and said parliamentary proceedings are recorded through CCTV cameras.
Refuting another allegation that he refused to sign a motion related to the Chief Election Commissioner, Chadha said no party leader had asked him, either formally or informally, to sign it. He added that several other MPs from his party had also not signed the motion.
The MP said his focus in Parliament has been on raising public issues such as GST, income tax, air pollution in Delhi, water concerns in Punjab, public healthcare, education, railway passenger issues, menstrual health, unemployment and inflation.
Chadha said that he goes to Parliament to "create impact not ruckus" as it runs on taxpayers' money and it is his responsibility to highlight their concerns. "Every lie will be exposed," he said.
