The Indian government will inject $112.5 million as equity in Air India this financial year, The Wall Street Journal reports. The funding will be provided in two equal installments. The government has already injected $449 million in the state-run carrier as equity in two installments, as of March 31. The government is seeking parliament’s approval to offer Air India $101.3 million as reimbursement for costs incurred for carrying Prime Minister Manmohan Singh and other ministers on international trips between 2008 and 2010.
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