'Govt to release Rs 1,500cr to Air India next week'

Parliament has approved Rs 2,345 cr equity infusion into the debt-laden national carrier under the second batch of Supplementary Demands for Grants 2018-19. A civil aviation ministry official said the govt would release Rs 1,500 cr to the airline next week. This would be out of the Rs 2,345 cr approved the supplementary grant. The airline has Rs 55,000 cr debt.

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