New Delhi: A day after receiving approval from the government on fresh equity worth Rs 1,200 crore, the Air India management on Friday said salaries due to the staff would be cleared by on Monday.
The cabinet committee on economic affairs ( CCEA) in a meeting chaired by Prime Minister Manmohan Singh approved Rs 1,200 crore fresh equity and Rs.532 crore towards service rendered towards charter operations for official travel and evacuation.
"The pending dues to all the staff would be given by Monday," a senior Air India official told IANS.
According to the official, the management prioritised the disbursement of salaries as soon as the company received the fresh equity. Our number one priority right now is to disburse the salaries as soon as we receive the funds from the government," the official said.
05/08/11 Economic Times
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