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“There’s a complete effectively laid down course of by which the ultimate winner will chosen,” Piyush Goyal mentioned.
Commerce and Business Minister Piyush Goyal on Saturday mentioned the federal government has not taken any choice on Air India up to now and the ultimate winner can be chosen by a effectively outlined course of.
“I’ve been in Dubai since…day earlier than and I do not assume there may be any such choice that has occurred in any respect. In fact bids had been invited…and that’s assessed by the officers and sooner or later of time, there’s a complete effectively laid down course of by which the ultimate winner will chosen,” he advised reporters right here.
He was replying to a query about media stories stating Tatas have emerged as the highest bidder for the takeover of debt-laden Air India.
Tuhin Kanta Pandey, Secretary to Division of Funding and Public Asset Administration (DIPAM)—the federal government division accountable for privatisation — had mentioned in a tweet on Friday that the Centre has up to now not authorized any monetary bid for Air India.
“Media stories indicating approval of monetary bids by Authorities of India within the AI disinvestment case are incorrect. Media can be knowledgeable of the Authorities’s choice as and when it’s taken,” he tweeted.
When requested concerning the proposed free commerce settlement with the UAE, he mentioned there are lot of alternatives for Indian companies in sectors corresponding to textiles, gems and jewelry, pharma and healthcare. There may be large potential in each items and providers, he added.
On investments, he mentioned “we’ve to encourage Indian companies to have interaction with the UAE.”
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