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Govt to infuse Rs 5,000 cr equity into AI

Govt to infuse Rs 5,000 cr equity into AI

The government on February 28 announced Rs 5,000 crore additional equity infusion for debt-ridden national carrier Air India in the next fiscal as part of its turn around plan. Rs 5,000 crore (has been marked) for equity infusion in National Aviation Company of India (now Air India), according to Budget documents.