Air India, on the verge of collapse due to heavy debts, subsequent decision to go disinvestment, failure to elicit bidders, the Government of India has decided not to privatize the National Carrier. This decision was to take by the Union Finance Minister Arun Jaitley along with other senior B J P Ministers. Since there were no buyers, the government had no other option but to call off privatization, is going to revitalize the carrier by bringing expertise from professionals from the private sector to work with personnel of the carrier and put the organization back on economic rails. Air India's current debt and liabilities are Rs.33 392 crores. Other measures like reduce the expenditure ., monetization of Air Indias assets, improve facilities, improve efficiency to make the institution run economically viable,
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