Following the roll model America Indian Govt. is learnt to have decided to infuse additional EQUITY infusion +soft loan +extending the CREDIT limit. Committee of secretaries chaired by cabinet secretary k.m.chandrashekar has promised cash strapped national carrier [civil aviation ministry] a helping hand. Although no time limit [package] has been fixed but it is understood that civil aviation minister praful Patel has got pleasant Ganeshaa utsav
If all things go right [1] equity base would rise from 145 crore to 2500 crore [2]loan of 10000crore @5%to 7%repayable over 5years [3]conversion of existing high cost debt of 10000crore into low interest loans. [4] Deviation of credit limit on the purchase of jet fuel
Like America it is mandatory to watch that
[A] CANNONS OF FINANCIAL PROPERTY IS OBSERVEDFOLLOWED STRICTLY.
[B]EXTRA MAN POWER OF ANY CLASS IS UTILISED IN WANTING OTHER MINISTRYDEPTT
.[C] COST REDUCTION [1]STAFF[2]ADVERTISEMENT[3]PROCUREMENT OF PLAINS[4]EARLY DISPOSAL OF OLD CRAFTS EXTRA
[D]ENCOURAGING [EARLY] REVENUE MANAGEMENT
That's a great good news indeed.Thanks Jamos Jhalla for sharing.Wish you n all around the globe a Happy Diwali.
ReplyDeleteCheers!!
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