Air India shares to be sold along with debt of $7.8 million
Image Credit: Wikimedia Common
The government is all set to sell 76% of the share of Air India Ltd. As per the document uploaded by civil aviation ministry on their website. The oversea budget of the airline will be completely sold while the state will sell only 50% in the ground handling. This will be the most high profile asset sale by the Prime Minister himself and along with planes, a debt of $7.8 billion will also be further shared.