Government expects â¹9,000 crore from Air India assets sale
The government is looking to raise around â¹9,000 crore from the sale of debt-laden Air India's land and real estate properties. The sale aims to trim the â¹55,000-crore debt of the national carrier and fetch a better valuation when there is a strategic sale again. Last week, government approved transfer of debt worth â¹29,000 crore to a special purpose vehicle.