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Tata Group-owned Air India has asked its employees to vacate the given houses. According to the official document, the notice has been given till July 26 to vacate the house.
Tata Group had bought Air India on 8 October last year. In this, the non-core (non-core) assets of the airlines such as colonies remain with the government, as per the terms of deinvestment. Hence the employees have been asked to vacate the colonies.
Major housing colonies in Delhi and Mumbai
Air India has two major housing colonies in Delhi and Mumbai. Air India had issued an order on May 18, stating that AI Assets Holding Limited (AIAHL) had sent us an email on May 17. In the email, the employees living in the given houses of Air India Company have been advised to send the reminder to vacate the house by July 26. Although AISAM had already informed Air India about this.
AIAHL established in 2019
The AIAHL was created by the Center in 2019. It has been created to pay off debt by selling the non-core assets of Air India Group after deinvestment.
Along with this, AISAM was also formed, which is a group of ministers. It was headed by Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and Civil Aviation Minister Jyotiraditya Scindia, who handled the de-investment of Air India.
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