Bhubaneswar: “Air India is not making profit. The Government of India is also not making profit. Will you wind up the government because it is making losses?” asked BJP leader and Rajya Sabha member Subramanian Swamy while delivering the 18th Nalco lecture series on ‘Relevance of PSUs in shaping new India’, here on Saturday.
Swamy said Air India was making profit till 2004. “Unlike private airlines, Air India serves the country in different situations. Recently, employees of this airline bravely airlifted Indians from Wuhan in China and saved them from possible coronavirus infection. It also rescued nationals of other countries. These tasks cannot be done by private airlines,” Swamy said.
He said PSUs should move beyond profit making and focus on multi-dimensional objectives. “There are certain sectors that can be explored and developed by public sectors only. PSUs also need to be ready to compete in terms of commercial principles. Government should give freedom to the PSUs to take decisions,” he added.
23/02/20 Times of India
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Swamy said Air India was making profit till 2004. “Unlike private airlines, Air India serves the country in different situations. Recently, employees of this airline bravely airlifted Indians from Wuhan in China and saved them from possible coronavirus infection. It also rescued nationals of other countries. These tasks cannot be done by private airlines,” Swamy said.
He said PSUs should move beyond profit making and focus on multi-dimensional objectives. “There are certain sectors that can be explored and developed by public sectors only. PSUs also need to be ready to compete in terms of commercial principles. Government should give freedom to the PSUs to take decisions,” he added.
23/02/20 Times of India
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