{"id":103631,"date":"2017-03-10T11:31:27","date_gmt":"2017-03-10T11:31:27","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=103631"},"modified":"2017-03-10T11:31:27","modified_gmt":"2017-03-10T11:31:27","slug":"govt-aid-not-helping-debt-ridden-air-india-cag","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-aid-not-helping-debt-ridden-air-india-cag\/","title":{"rendered":"Govt aid not helping debt-ridden Air India: CAG"},"content":{"rendered":"<p>The government may need to reassess the amount of bailout funds given to state-run carrier Air India because the airline&#8217;s short-term loans have weighed on its finances, the Comptroller and Auditor General of India (CAG) said in a report on Friday.<\/p>\n<p>Heavily-indebted Air India, which was bailed out in 2012 with $5.8 billion of government funding, should also monetise more of its assets faster and speed up the leasing of narrow-body aircraft to improve its performance, the CAG said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government may need to reassess the amount of bailout funds given to state-run carrier Air India because the airline&#8217;s short-term loans have weighed on its finances, the Comptroller and Auditor General of India (CAG) said in a report on Friday. Heavily-indebted Air India, which was bailed out in 2012 with $5.8 billion of government funding, should also monetise more of its assets faster and speed up the leasing of narrow-body aircraft to improve its performance, the CAG said.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-103631","post","type-post","status-publish","format-standard","hentry","category-civil-aviation"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/103631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=103631"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/103631\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=103631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=103631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=103631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}