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India: Sale of state-owned airline Air India with government takeover of debt

Description

On 8 October 2021, the Indian government approved the sale of the 100% stake of the government in the airline Air India. According to several news reports, as part of the deal, debt worth INR 28,844 c...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Oct 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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