The government today approved the proposal to divest stake in Air India and the Expression of Interest (EoI) document will be issued this month.
The Amit Shah-led committee, which met today, approved all proposals on debt transfer from Air India to the special purpose vehicle.
“All issues have been cleared today and the EoI would come out within this month. The committee has also approved all proposals related to debt transfer from Air India to SPV,” said a senior government official, who attended the meeting.
The meeting was also attended by finance minister Nirmala Sitharaman, aviation minister Hardeep Singh Puri and commerce minister Piyush Goyal.
The official, however, refused to give out further details on the issue.
He, however, added that the next process in the AI divestment process is to issue EoI.
