Another Rs 2,000 cr sought for Air India

After getting a total of Rs 2,000 crore as equity for Air India in two tranches, the Civil Aviation Ministry has sought another Rs 2,000 crore for the ailing national carrier in this financial year.

Civil Aviation Minister Vayalar Ravi would meet Finance Minister Pranab Mukherjee here tomorrow to discuss issues pertaining to the aviation sector in the upcoming budget.

While a demand for allocation of Rs 2,000 crore for Air India has already been made by the Ministry, sources said provision for at least Rs 1,200 crore worth of equity could be made in the 2011-12 budget. The remaining part could come in the supplementary budget, they added.

"We have already asked for more," Ravi told reporters to a query about the the budget allocation sought by him.

He refused to divulge any details.