Cabinet nod to in-principle divestment of Air India stake

New Delhi June 28 (IANS) The Cabinet on Wednesday gave in-principle approval for Air India stake divestment Finance Minister Arun Jaitley said here.

In-principle approval for Air India divestment has been given. The Civil Aviation Ministry s proposal for formation of a group under the chairmanship of the Finance Minister to decide the modalities of divestment process has also been accepted he said. --IANS ag-rv/rn