Govt plans to give significant autonomy to Air India's board, with a rider

Airline to get cash infusion of Rs 150 billion for the last time

The government is planning steps to give significant autonomy to Air India’s (AI’s) board, in terms of capital expenditure and commercial decision-making. This, along with a debt-restructuring proposal and a financial support of Rs 150 billion, will be part of a package to improve the airline’s operational efficiency. 

However, the autonomy of AI’s board will depend on condition that the company will not seek financial support from the government after 2018-19, a top official said. 

The plan, which was approved by the Prime Minister’s Office last week, is meant to empower the airline’s board to take important business decisions like