Sunday, March 25, 2007

No political meddling after Indian-Air India merger: Patel

New Delhi: There will be no political interference following the merger of Air India and Indian Airlines, and a new chief executive for the yet-to-be named entity will be announced by April 5, Civil Aviation Minister Praful Patel has said.
And even though the merged entity may go for an initial public offer (IPO) later, it would continue to remain a public sector enterprise, the minister told Karan Thapar's "Devil's Advocate" programme, to be televised on CNN-IBN Sunday.
"Misuse and abuse of powers is not going to happen. What is in the interests of the airline will be paramount," Patel said.
Asked if the employees would be protected if they refused to give special favours to politicians, the minister replied: "Of course, they will be protected."
The minister also said that despite being a public sector unit, salaries paid to professional staff will be competitive and stock options for employees would also be considered. "It's a guarantee."
25/03/07 IANS/Mangalorean.com
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment