Air India’s disinvestment found mention in finance minister Nirmala Sitharaman’s maiden Budget speech and reports suggest the government is serious about an October deadline to sell off the national carrier.
A look at Budget documents show that from 2014-15 to 2018-19, the Modi government invested almost Rs 24,306 crore in the national airline, including budgetary support for its turnaround. Under the first Modi government, investment in Air India peaked in 2017-18, with Rs 6,427 crore
A look at Budget documents show that from 2014-15 to 2018-19, the Modi government invested almost Rs 24,306 crore in the national airline, including budgetary support for its turnaround. Under the first Modi government, investment in Air India peaked in 2017-18, with Rs 6,427 crore