₹985.81 cores." Funds for Other operating and Expenses are, Rs-842 crores and AAI proposed funds after cost-cutting ₹645.75 crores, it said.
Currently, funds for Admin and Other Expenses are ₹426.05 cr and the authority proposed 266.92 crores, said the AAI. Not only cost-cutting, but AAI is also planning to cut the allowances and perks of over 17,000 AAI employees due to the alleged losses amid the pandemic.
Last week, the AAI Employees' associations and unions had jointly lodged a protest against the management at Rajiv Gandhi Bhavan over the proposed cut in perks which is part of employees' salaries. "It is a complete failure of AAI management with regard to reduction in allowances/perks of employees.