New Delhi: The government plans to raise up to Rs 10,000 crore by selling the subsidiaries of Air India and other assets to repay a part of the national carrier’s debt of Rs 29,000 crore that the government has taken over from the national carrier.
“The government is estimating an amount of Rs 10,000 crore from the sale and divestments. The money is to be used to reduce the debt from the current Rs 29,000 crore,” said a senior government official, who did not want to be identified.
