To support start-ups, the government is working on credit guarantee scheme which would facilitate easy lending to these companies.
Sinha said the Centre has already dispensed two stimulus packages and will continue to disburse further if the need arises.
The capital raised post-divestment could be used in building infrastructure while the move would also bring in "accountability, transparency and efficiency" in the insurance behemoth, Sinha said.
Recently, MoS (Civil Aviation) Jayant Sinha reported comments that capable employees of Jet Airways would be absorbed by other airlines.
The Opposition created a ruckus in Lok Sabha and demanded an apology from Sinha. They raised slogans such as "stop garlanding convicts" as Sinha responded to a question on upgradation of airports.
Sinha, who has been strongly criticised by the opposition for meeting and garlanding 8 convicts of a lynching incident in his Lok Sabha constituency and had on Wednesday expressed regret for his act.
If by garlanding them an impression has gone out that I support such vigilantism then I express regret over it, Jayant Sinha said.
Congress President Rahul Gandhi on Tuesday termed as disgusting Union Minister Jayant Sinhas action of felicitating seven convicted cow vigilantes as disgusting.
Sinha said that they had come to meet him after getting bail from the High Court and he had simply greeted them as the member of Parliament from the region.
Sinha was caught on camera felicitating the eight persons, convicted for lynching Alimuddin Ansari in Ramgarh, who were released on Tuesday after granted bail by the Jharkhand High Court.
During this 24-hour 'lock-in period', passengers would be able to make a correction in name or amend the travel date free of cost, Minister of State for Civil Aviation Jayant Sinha said.
The former external affairs minister pointed out that former PM Atal Bihari Vajpayee had not hesitated to table the no-confidence motion in 1998 when his government had fallen by just 1 vote.
Civil aviation minister Jayant Sinha said on Friday that Air India’s domestic and international operations would be sold together.
The comment sought to clear the air after he told a television news channel yesterday that there were indications of interest from the Tatas for Air India.
The government has initiated the process for strategic disinvestment of debt-laden Air India as part of efforts to revive the national carrier.