PlanCom backs Ajit Singh on Air India privatisation

New Delhi: Aviation minister Ajit Singh is not alone in his support for privatisation of Air India. The Planning Commission has backed any such move.
“Air India is a good case for privatisation as nowhere in the developed world you have countries running their flag carriers anymore,” Planning Commission deputy chairman Montek Singh Ahluwalia told Business Standard.
Ahluwalia said economically too, the national carrier makes full case for privatization as it is running into losses for long and its real assets are only its routes.
Ahluwalia's comments assume significance because of a raging debate on the need to privatise Air India because of its mounting losses.
Recently,  the aviation minister talked of privatisation of Air India, but later withdrew his statement following strong opposition from some quarters.
Read News In full 20/10/13 Sanjeeb Mukherjee/Business Standard