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Govt to infuse Rs 1,500 cr in Air India next week: Civil aviation official

In Dec 2018, the govt had sought Parliament's nod to infuse Rs 2,345 cr into the financially strained national carrier

IANS  |  New Delhi 

Air India invites bids from only central govt entities for Mumbai building

The central government will infuse a fresh equity of Rs 1,500 crore into national passenger carrier early next week, a senior official said on Friday.

According to the senior official from the Ministry of Civil Aviation, the amount is a part of second supplementary demands for grants for 2018-19 for gross additional expenditure. 
 

In December 20, 2018, the central government had sought Parliament's nod to infuse Rs 2,345 crore into the financially strained national carrier under the airline's 'Turn Around Plan'.     

First Published: Sat, January 26 2019. 00:04 IST
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