Air India Divestment Not Possible In Near Future, Says Government thenewsminute.com

The issue would be revisited once global economic indicators, including oil prices and forex conditions stabilize, Aviation minister Jayant Sinha said. The Government on Wednesday ruled out disinvestment of Air India in the "immediate near future," though it said it remains committed to completing the process.

Saying that the present environment is "not conducive" for it, Minister of State for Civil Aviation Jayant Sinha told Rajya Sabha that the issue would be revisited once global economic indicators, including oil prices and forex conditions, stabilize.