GoM meet to review Air India's turnaround plans
A Group of Ministers headed by Finance Minister Pranab Mukherjee is scheduled to hold a crucial meeting on Tuesday. The purpose is to critically review Air India's debt recast and turnaround plans and recommend to the Union Cabinet additional equity infusion in the ailing carrier. Equity infusion of Rs 30,000 crores over next 10 years could be decided upon by the GoM. The GoM will also consider plan to acquire 27 Boeing 787 Dreamliners.