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Govt may hold on to around a 26% stake in Air India after sell-off

Residual stake sale later to gain more value

Air India
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Air India

Arindam Majumder New Delhi
India may not fully privatise its beleaguered airline Air India. While policy think tank NITI Aayog had recommended a 100 per cent stake sale, the government may hold on to around a 26 per cent stake to be sold later.

A final call, however, would be taken by the group of ministers looking into the disinvestment process.

Sources in the know of the development said the government believed privatisation would increase the airline’s efficiency and make it profitable, enriching the value of the remaining stake with the government. 

“The idea is to garner as much money as possible from the

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