The government will infuse equity into ailing state-run carrier Air India by March, Aviation Minister Praful Patel told reporters on Thursday.
Patel said the airline would have to generate Rs 20 billion through cost cuts and revenue gains.
In October, Patel said the government would back Air India with up to Rs 50 billion if the carrier made the same amount through cost cuts and other measures, a proposal which was protested by unions.
