New Delhi: A Group of Ministers (GoM) is scheduled to hold a crucial meeting tomorrow to critically review Air India's debt recast and turnaround plans and recommend to the Union Cabinet additional equity infusion in the ailing carrier.
The GoM, headed by Finance Minister Pranab Mukherjee, would deliberate on the Reserve Bank of India's views on the debt restructuring plan, as well as the programme for acquisition of 27 Boeing 787 Dreamliner planes, sources said.
This would be the first GoM meeting to be attended by Civil Aviation Minister Ajit Singh, who took over the mantle of the Ministry only a month ago.
The meeting is likely to consider the recommendation by a panel of secretaries to infuse Rs 23,000 crore into the national carrier over the next 10 years, of which Rs 6,600 crore could be invested in the current fiscal ending March 31.
16/01/12 PTI/Economic Times
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment