Next Round of 8 – 9 Airports to be Leased Shortly, Says Jyotiraditya Scindia
Of the humongous Rs 62,000 crore debt on the books of Air India when it was handed over to the Tatas, the Government of India has closed its part of Rs 47,000 crore by paying off all the banks involved. The Tatas took over Rs 15,300 crore of debt where they have since renegotiated terms and refinanced it by bringing in new lenders. Civil Aviation Minister Jyotiraditya Scindia confirmed this in a conversation with IANS Editor in Chief Sandeep Bamzai on Wednesday.Scindia said, “The Tatas paid Rs 2,700 crore cash and took…