Air India asked to give restructuring plan in 30 days: Patel
Press Trust of India / New Delhi Jul 02, 2009, 13:22 IST
Asserting that government support cannot be taken for granted by it, Civil Aviation Minister Praful Patel today said that cash-strapped Air India has been asked to provide a restructuring plan in the next 30 days.
"There is every reason for Air India to respond quickly. The management, the employees, all will have to come out with a proper restructuring plan," he told reporters outside Parliament House.
Patel said government support cannot be taken for granted.
"It cannot be open ended. However, government is committed...We want a strong national carrier," he said.
The Minister said Air India is appointing SBI Caps for financial restructuring, adding that the government wanted to know "what is needed to be implemented in coming weeks and years".
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Asserting that government support cannot be taken for granted by it, Civil Aviation Minister Praful Patel today said that cash-strapped Air India has been asked to provide a restructuring plan in the next 30 days. 
