Airport Authority of India mulls issuing bonds to meet capital expenditure

New Delhi: The government today said the Airport Authority of India proposes to meet part of its capital expenditure by issuing bonds.
In reply to a question in the Lok Sabha about whether the AAI proposes to issue bonds to raise the required capital for its infrastructure development programme, Civil Aviation Minister Ajit Singh replied in the affirmative.
Singh also placed a statement on the table of the House in which he said internal resources, government grants, north-eastern council grants and budgetary support would help AAI meet its expenditure requirements.
21/22/11 PTI/Economic Times

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Categories: Air India Dec 2011