(a) whether the Government have fixed the sale price of Indian Airlines and Air India at Rs. 2000 crores, while the market price is substantially high;
(b) if so, the reasons which prompted the Government to sell both the airlines at low price; and
(c) the details in this regard?
MINISTER OF STATE (INDEPENDENT CHARGE) OF THE DEPARTMENT OF DISINVESTMENT, MINISTER OF STATE IN THE MINISTRIES OF PLANNING, STATISTICS & PROGRAMME IMPLEMENTATION AND MINISTER OF STATE IN THE DEPARTMENT OF ADMINISTRATIVE REFORMS AND PUBLIC GRIEVANCES (SHRI ARUN SHOURIE)
(a) The Government has not yet fixed any reserve price for disinvestment of its equity either in Air India or Indian Airlines.
(b) & (c) Do not arise in view of reply to (a) above.