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India: State-financed bailout of Air India

Description

On 12 April 2012, the Cabinet Committee on Economic Affairs of the Government of India approved the Turn Around Plan and the Financial Restructuring Plan for the national carrier, Air India. The plans...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Apr 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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