Better prepared to privatise Air India next year: Dipam's Atanu Chakraborty

"We have pursued mergers and acquisitions in the PSU space because it unlocks better value for the firms concerned"

The revised disinvestment target for FY19 has been maintained at Rs 80,000 crore, while a target of Rs 90,000 crore has been set for the next year.

Atanu Chakraborty, Secretary,  Department of Investment and Public Asset Management, is confident of achieving both. In an interaction, Chakraborty told Arup Roychoudhury that the pace of privatisation would quicken from now on. That includes Air India divestment taking off and public sector exchange traded funds getting launched in the next fiscal. Edited excerpts:
 
Isn’t the Rs 90,000-crore target for 2019-20 a little ambitious?

In the process of achieving Rs 1