PTI, NEW DELHI: Selling stake in Air India will be “very very difficult” with its debt burden of Rs 52,000 crore and the government has to decide if there should be partial or full write off of debt, NITI Aayog Vice Chairman Arvind Panagariya said.
Loss-making Air India, surviving on taxpayers’ money, is facing tough business conditions amid stiff competition.
Stressing that the govt has to first decide whether the national airline should be privatised or not, Panagariya said various issues need to be discussed.
