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Sunday, October 6, 2013

Govt has no intention to privatize Air India, Ajit Singh says

Under attack from the Opposition, including the Left, for his remarks that government was ready to privatize Air India, civil aviation minister Ajit Singh on Sunday backtracked saying it has "no intention" to do so.

"This government has no intention to privatize Air India. After this package of Rs 32,000 crore, the government will not give any more money. Air India will have to fend for itself," Singh told NDTV.

While noting that it is very difficult for the government to run a service industry, Singh also said that employees and the management of Air India will have to understand that aviation is a very competitive market.

Credits: timesofindia

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