Govt gives approval for disinvestment of Air India
The government has given in-principle approval for the disinvestment of state-run carrier Air India, Finance Minister Arun Jaitley announced on Wednesday. He further announced that a body will be set up to finalise modalities and details for disinvestment of Air India. Currently, Air India has a debt of over â¹50,000 crore and is surviving on a taxpayer bailout.