New Delhi: For the Government – which has at one point to estimate the cost of the Indian water liquidation of 60,000 crore – the choice is between selling airlines now or waiting for a few more years to lose Rs 20 Crore a day, which will have added up to Rs 7,200 Crore a day, said Top government officials.
“Clean wealth will go down further (if sales are suspended).
With this industry it is only expected to recover in 2023-24 and the amount of uncertainty, the government is needed to take into account the supporting costs of Indian air, which is at least RS 20 Crore a day.
In addition, there will be asset depreciation Furthermore and obsolete assets, “said Tuhin Kanta Pandey, Secretary at the Department of Investment and Management of Public Assets (Depam).
Pandey, who oversaw sales, said that this is the best offer that the government can provide to provide large loans and losses from busted airlines.
He said that the safety valve has been built into the transaction to ensure that the interests are protected in terms of further additions to liabilities.
In addition, the term provides Indian air to submit a number of aircraft in full operational conditions.
For example, 58 A-320 aircraft must be fully decent air.
While new owners will have access to three buildings owned by airline for two years, apartments allocated for employees must be emptied within six months because non-core assets such as real estate, including Iconic air buildings in Mumbai’s Nariman Point, not part of the agreement .
Pandey also said that in the future, the center will end the mandate for government officials to fly national operators, adding that sales will not have an impact on Indian ONE water operations, which fly the President and Prime Minister, as Indian air forces have started to run it.
Now called India.
And, when it comes to running rescue flights, such as Vande Bharat, the cost of operation in any case is replaced to the airline.