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Wednesday 31 May 2017

Niti Aayog wants to sell Air India

PUBLISHED ON: May 31, 2017 BY: E-FUN and JOY IN:
The government's think tank, Niti Aayog, has reportedly recommended strategic disinvestment of loss-making Air India. According to reports, the disinvestment includes writing off loans to the tune of Rs 30,000 crore. Notably, Air India has a debt of around Rs 60,000 crore. This includes Rs 21,000 crore of aircraft-related loans and Rs 8,000 crore loan for working capital.

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Has laoreet percipitur ad. Vide interesset in mei, no his legimus verterem. Et nostrum imperdiet appellantur usu, mnesarchum referrentur id vim.

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