Alliance Air, the country’s sole government-owned airline, received a vote of confidence in the interim budget with the finance minister proposing an infusion of ₹1,158 crore in FY25. This compares with the ₹1,174 crore allocated in the previous budget, but it comes after an additional ₹600 crore infused subsequently.People familiar with the matter said the funds will be used for working capital and to partially reduce debt. “Funding by the government is more crucial as the airline is…
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