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Tata group-owned Air India asks its employees to vacate govt houses by July 26

By Ruchi Upadhyay 
Updated Date

New Delhi: The employees of Air India, owned by the Tata Group, have been criticized. In fact, the Tata group has asked its employees to vacate the government-owned residential colonies by July 26. Significantly, on October 8 last year, the Tata group had bought Air India after a successful bid. As per the terms of disinvestment, non-core assets of the airline such as housing colonies remain with the government.

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Let us tell you that Air India has two major housing colonies, one in Delhi and the other in Mumbai. Air India had issued an order in this regard on 18 May. In this, the company has stated that we have received an e-mail from AI Assets Holding Limited (AIAHL) dated May 17, 2022, in which we have been asked to send a reminder to the residents to vacate the company accommodation by July 26, in line with the decision of Air India. Advice has been given.

Significantly, AIAHL was set up in 2019 to tackle debt by selling off non-core assets of Air India Group following disinvestment by the Centre. At the same time, AISAM is a Group of Ministers, which was formed under the chairmanship of Home Minister Amit Shah. This includes Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and Civil Aviation Minister Jyotiraditya Scindia. This group handled the disinvestment of Air India.

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