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Debt-laden AI: Letters to BS on government privatising Air India

The privatisation will be faced by the powerful labor union of Air India that receives support from various political parties

Business Standard 

According to “Debt-laden will be split into four entities ahead of sale”, if the government is successful in privatising this year, it would be creating history. This decision should have been taken before abolishing the Planning Commission. The of was a direct attack on the entrepreneurial spirit which creates economic growth, and the worst decision taken by Indira Gandhi. The will be faced by the powerful labor union of that receives support from various political parties. The labor force has been pampered. For example, even after the employees retire, they and their families get a free travel anywhere in the world. Such benefits continue even when is a heavily indebted state-owned enterprise.

Chandrashekhar G Ranade, Washington DC


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First Published: Wed, January 17 2018. 02:06 IST
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