 "Centre, states owe Air India Rs 498 crore, says Hardeep Singh Puri")
The Centre and states owe Air India Rs 498.17 crore as on December 31, 2020 for VVIP travel, evacuation operations, travel of foreign dignitaries among other services, Civil Aviation Minister Hardeep Singh Puri said Wednesday.
The governments in states and at the Centre owe the airline Rs 84.57 crore for VVIP travel, Rs 12.61 crore for foreign dignitaries' travel, Rs. 9.67 crore for evacuation operations and Rs 391.32 crore as other outstanding dues, the minister told Rajya Sabha in a written reply to a question.
The national carrier incurred a provisional loss of Rs 7,982 crore in 2019-20 as compared to the net loss of Rs 8,556 crore in 2018-19, Puri said.
The government is currently in the process to sell its entire stake in debt-ridden airline.
"The total amount of outstanding dues owed by the Central and State Governments to Air India for VVIP travel, evacuation operations, foreign dignitaries travel and other outstanding dues as on 31.12.2020 is Rs. 498.17 crore," Puri stated.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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