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Govt to release Rs 150 cr to pay Air India employees
Moreover, aviation ministry also proposed 49% Foreign Direct Investment (FDI) in domestic aviation sector to bail out cash-strapped Indian carriers.
The move has come after nearly 40 pilots of the cash-strive national airlines Air India went on a strike over pending incentives. Sources said that, along with Rs 150 crore, government will also release an additional Rs 450 crore to help airlines survive
OneIndia News
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Story first published: Tuesday, January 17, 2012, 18:45 [IST]
