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Civil Aviation Ministry will financially support Air India

Shortpedia

Content Team
Image Credit: India TV

Due to the failure of divestment plan for the debt-ridden Air India, Union Minister of State for Civil Aviation Jayant Sinha has said that government will provide support to the airline for its financial or liquidity requirements. A plan to sell a stake in Air India will also be reviewed. Market conditions are being studied to formulate an alternative divestment plan and an appropriate decision will be taken.