Government hopes to mop up Rs 9,000 cr from Air India realty assets: Report

THE government expects to mop-up about Rs 9,000 crore by selling off land and real estate properties of debt-laden Air India, an official said on December 3.
The sale of land, building and other realty assets is part of the government's plan to trim the Rs 55,000 crore debt burden of Air India as this will make the airline competitive and fetch a better valuation when the government plans strategic sale of national carrier again.
Finance Minister Arun Jaitley headed ministerial panel...