New Delhi, July 05: The Group of Ministers, which is reviewing the recovery path of Air India, will meet next month to discuss the infusion of Rs 1,200 crore as equity and review the steps taken by the national carrier for achieving a turnaround.
“First, we will discuss about the turnover strategy and the entire revival plan of the company within the organisation and also with the employees’ unions. After that, we will brief the GoM (Group of Ministers) meeting next month,” Civil Aviation Minister Praful Patel told PTI here.
The GoM, headed by Finance Minister Pranab Mukherjee, was earlier slated to meet this month. Besides Patel, its other members are Home Minister P Chidambaram and Law Minister Veerappa Moily.
Government has pumped in equity worth Rs 800 crore in the last financial year and plans to infuse Rs 1,200 crore more this year.
–Agencies