Govt likely to transfer Air India debt before stake sale
The government has decided to move the debt of Air India into a Special Purpose Vehicle (SPV) before selling it, according to reports. Reportedly, the decision was taken by committee formed for the airline's disinvestment. Air India has a debt of â¹52,000 crore and about â¹33,000 crore is on account of working capital loans, which will be transferred to SPV.