The government has sought parliament's approval for an equity infusion of Rs 2,300 crore ($328.42 million) in state-owned carrier Air India, Bloomberg reported on Thursday.
Air India had sought Rs 2,121 crore of additional equity from the government for the fiscal year 2018-19 to make pending payments to its vendors, a source at the airline had told Reuters in July.
India's top civil aviation bureaucrat said in September that a Rs 12 crore capital injection for Air India was on the way, and the government is also working on a relief package for the airline industry.
First Published: Dec 20, 2018 4:22 PM IST
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