Air India received Rs 27,195 crore equity infusion, says Jayant Sinha
Updated : July 27, 2018 06:39 AM IST
A turnaround plan (TAP) as well as a financial restructuring plan (FRP) were approved for Air India by the previous UPA regime in 2012.
All government guaranteed loans and interests thereon are being paid by the government by way of equity infusion into the airline, Sinha said in a written reply.
At the end of March 2017, the national carrier had a debt burden of more than Rs 48,000 crore.
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