Unni Krishnan And Anurag Kotoky Bloomberg

Prime Minister Narendra Modi is actively considering a proposal to privatise state-run Air India Ltd., possibly asking the buyer to absorb loans of about 200 billion rupees ($3.1 billion) linked to aircraft purchases, a person with direct knowledge of the matter said.

Prime Minister Narendra Modi is actively considering a proposal to privatise state-run Air India Ltd., possibly asking the buyer to absorb loans of about 200 billion rupees ($3.1 billion) linked to aircraft purchases, a person with direct knowledge of the matter said.