Niti Aayog pushes for sale of Air India, Rs 30,000cr debt write-off

Niti Aayog’s 4th report has detailed a possible roadmap for Air India disinvestment, which includes writing off loans to the tune of Rs 30,000 crore. AI has debt of around Rs 60,000 crore, which includes around Rs 21,000 crore of aircraft-related loans and around Rs 8,000 crore working capital.