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Air India asked to freeze appointments, promotions

DNMUM439651 | 7/22/2019 | Author : DNA Money Correspondent | WC :552

Govt tells national carrier to start new flights only if it is extremely necessary

Mumbai: Even as the process for disinvestment of national carrier Air India is already set in motion, the government has asked the airline management to start new flights only if it is extremely necessary after due diligence of commercial interest.
The airline has also been asked to put a freeze on large-scale appointments and promotions.
The directive from Department of Investment and Public Asset Management (Dipam) came a week back in view of the impending privatisation, government sources said. A group of ministers (GoM) headed by Union home minister Amit Shah has already been reconstituted to carry on the process of disinvestment at the earliest. The GoM is expected to meet in the coming weeks to take the process forward,
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