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എയർ ഇന്ത്യയിലെയും അതിൻ്റെ അഞ്ച് ഉപകമ്പനികളിലേയും നിക്ഷേപം പിൻവലിക്കാൻ മന്ത്രിസഭ തത്വത്തിലുള്ള അംഗീകാരം നൽകി

Published By : Admin | June 28, 2017 | 20:28 IST
Cabinet gives ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries 

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air India and five of its subsidiaries) based on the recommendations of Core Group of Secretaries on Disinvestment (CGD).

(i) ‘In principle’ approval for considering strategic disinvestment of Air India and five of its subsidiaries.

(ii) Constitution of an Air India-specific Alternative Mechanism headed by Minister of Finance including Minister for Civil Aviation and such other Minister(s) to guide the process on strategic disinvestment from time to time and decide the following:

  1. Treatment of unsustainable debt of Air India;
  2. Hiving off of certain assets to a shell company;
  3. Demerger and strategic disinvestment of three profit-making subsidiaries;
  4. The quantum of disinvestment; and
  5. The universe of bidders.

 

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Prime Minister welcomes passage of SHANTI Bill by Parliament
December 18, 2025

The Prime Minister, Shri Narendra Modi has welcomed the passage of the SHANTI Bill by both Houses of Parliament, describing it as a transformational moment for India’s technology landscape.

Expressing gratitude to Members of Parliament for supporting the Bill, the Prime Minister said that it will safely power Artificial Intelligence, enable green manufacturing and deliver a decisive boost to a clean-energy future for the country and the world.

Shri Modi noted that the SHANTI Bill will also open numerous opportunities for the private sector and the youth, adding that this is the ideal time to invest, innovate and build in India.

The Prime Minister wrote on X;

“The passing of the SHANTI Bill by both Houses of Parliament marks a transformational moment for our technology landscape. My gratitude to MPs who have supported its passage. From safely powering AI to enabling green manufacturing, it delivers a decisive boost to a clean-energy future for the country and the world. It also opens numerous opportunities for the private sector and our youth. This is the ideal time to invest, innovate and build in India!”