Air India has two major housing colonies – one in Delhi and the other in Mumbai.
Air India has two major housing colonies – one in Delhi and the other in Mumbai.
Tata Group-owned Air India It has asked its employees to vacate the government-owned residential colonies by July 26, according to an official document. The Tata group won the bid for Air India on October 8 last year. However, as per the terms of disinvestment, non-core assets of the airline such as housing colonies remain with the government.
Air India has two major housing colonies – one in Delhi and the other in Mumbai. “We have now received an e-mail from AI Assets Holding Limited (AIAHL) dated May 17, 2022 advising us to send reminders to residents to vacate the company accommodation by July 26, in line with the decision of Air India Specific Alternative Mechanism (AISAM), which has already been conveyed to them,” an order issued by Air India on May 18 said.
“In line with the above instructions of AIAHL, a draft of the notice to be issued to the occupants of the company accommodation is enclosed,” it added. AIAHL was set up in 2019 to tackle debt by selling off non-core assets of Air India Group following disinvestment by the Centre.
A group of ministers called AISAM – headed by Home Minister Amit Shah and including Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and Civil Aviation Minister Jyotiraditya Scindia – handled the disinvestment of Air India. Air India did not respond to PTI’s request for a statement on the matter.