Air India asks its employees to vacate government-owned housing colonies by July 26

Air India, owned by Tata Group, issued an order asking its staff to vacate the housing colonies owned by the government by July 26. the company gave the direction through an official document.

The Tata Group acquired Air India last year, but the airline’s non-core assets including housing colonies belong to the government. Colonies of Air India include one in Delhi and the other in Mumbai.

"We are now in receipt of an e-mail dated May 17, 2022, from AI Assets Holding Ltd (AIAHL) advising us to send a reminder to the residents to vacate the company accommodation latest by July 26 in line with the decision of Air India Specific Alternative Mechanism (AISAM), which has already been conveyed to them," said the order by issued Air India.

"In line with the above directions of AIAHL, a draft of the notice to be issued to the occupants of the company accommodation is attached," it added.

AI Assets Holding Limited (AIAHL) was set up by the Central government in 2019. Its purpose was to manage the debt by selling non-core assets of the Air India group after its disinvestment.

The disinvestment of Air India was carried out by a group of ministers, including 

Home Minister Amit Shah Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and Civil Aviation Minister Jyotiraditya Scindia.