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Tags: National News
Air India Disinvestment
On 25 October 2021 ,Government of India signed an agreement with Tata Group for selling off its entire 100% share in Air India to Talace Pvt Ltd, a wholly owned subsidiary of Tata Sons Pvt.Tata Group .
The deal was of Rs 18,000 crore of which Tata will pay Rs 2,700 crore to the government and Tata will take over the Rs 15,300 crore of the Air India debt .
The Government of India was to clear the rest of the debt of Air India.
To meet these requirements the government of India is seeking Rs 63,000 from Lok Sabha .
Special Purpose Vehicle (SPV)
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Supplementary Grant
Appropriation Act -
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