Government eyes about Rs 7,000 crore from Air India sale

The government will initiate the process of strategic disinvestment of Air India in the second half of 2019-20 and in between it would work towards selling some of its subsidiaries and monetise assets. Air India has a debt burden of Rs 55,000 crore. "We are eyeing $1 billion from the sale of Air India," the official said.

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