Tuesday, August 08, 2017

Why selling off Air India, MPs ask Govt

New Delhi: The government on Tuesday faced some searching questions over the proposed privatisation of Air India from MPs. The parliamentary standing committee on transport, tourism and culture asked if the aviation ministry had sought the views of AI employees before deciding on selling it off and asked what job security will they have post-privatisation.
Sources say there was no specific reply on jobs. Headed by TMC MP Mukul Roy, the parliamentary panel also asked how will AI's debt burden of close to Rs 52,000 crore be tackled to find a suitor.
"The main question from MPs why was AI being privatised. Aviation secretary RN Choubey told them the decisions as taken due to the airline's financial condition. When asked about job losses, the MPs were told this issue has to be tackled by the department of divestment (now, Department of Investment and Public Asset Management or DIPAM) and not the aviation ministry," said sources.
08/08/17 Saurabh Sinha/Times of India