Civil Aviation Minister Gajapathy Raju has said the government has not yet taken a final decision on how much stake it will sell in Air India. Addressing the media at an interaction organized at the Indian Women's Press Corp, he said, "No final decision has been taken, there are lots of suggestions.
Some have suggested the government should retain some stake. But the final decision will come soon. We hope to complete the divestment process by the end of the year."
This is slightly different from the statement made by Jayant Sinha, Minister of State for Civil Aviation, who said earlier this month that the government might offer 51 percent or more stake in Air India.
Downplaying any differences between the two Ministers, officials indicated that there is a laid down procedure after which things may be finalized.
"The Government is clear that it wants divestment to go through. It is likely that at least 51 percent, if not more, will be divested," a senior official said.