Mumbai: Shiv Sena mouthpiece Saamana has hit out at the Centre over the 100 per cent stake sale of India's national carrier, Air India, and asked why the government has failed to run a company like Air India.
In an editorial in Saamana on Tuesday, Shiv Sena has said, "Air India was once a matter pride for India. It was called the Maharaja. But now for the last two decades it has run into so much of debt. Debt is running into several thousands of crores. Initially the plan was to privatise 70-80 per cent of Air India but now the whole Air India is on sale. The government is expecting the process will get over by April."
Saamana further said, "The only doubt is if other airlines survived then why not Air India? Why is the government not able to run a company like Air India in a proper way? Why is privatisation the only option when such a situation occurs?"
The Modi government on Monday announced its decision to invite bids for 100 per cent stake sale in debt-laden Air India.
The government has issued preliminary bid document for the strategic disinvestment and has set March 17 as the deadline for submitting an expression of interest.
The Opposition led by Congress has attacked the government's decision to completely privatise the asset of Air India.
Shiv Sena has said, "The important question is the future of thousands of employees working with Air India. They should not suffer. Everyone knows what happened with Jet Airways and such things should not happen with Air India. It should be ensured that people don't go jobless. Even after Air India is sold off completely it will still remain the pride and remembered always."
28/01/20 Saurabh Vaktania/India Today
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In an editorial in Saamana on Tuesday, Shiv Sena has said, "Air India was once a matter pride for India. It was called the Maharaja. But now for the last two decades it has run into so much of debt. Debt is running into several thousands of crores. Initially the plan was to privatise 70-80 per cent of Air India but now the whole Air India is on sale. The government is expecting the process will get over by April."
Saamana further said, "The only doubt is if other airlines survived then why not Air India? Why is the government not able to run a company like Air India in a proper way? Why is privatisation the only option when such a situation occurs?"
The Modi government on Monday announced its decision to invite bids for 100 per cent stake sale in debt-laden Air India.
The government has issued preliminary bid document for the strategic disinvestment and has set March 17 as the deadline for submitting an expression of interest.
The Opposition led by Congress has attacked the government's decision to completely privatise the asset of Air India.
Shiv Sena has said, "The important question is the future of thousands of employees working with Air India. They should not suffer. Everyone knows what happened with Jet Airways and such things should not happen with Air India. It should be ensured that people don't go jobless. Even after Air India is sold off completely it will still remain the pride and remembered always."
28/01/20 Saurabh Vaktania/India Today
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