Letter to BS: Govt scores self goal; jumps into fray without preparation

Ironically, nothing seems to truly work in its favour as this ill-fated national carrier continues to be in 'red' with no lights at the end of the tunnel too

This refers to “Govt puts off debt-laden Air India stake sale, to revive loan recast plan” (June 20). The government’s decision to not go ahead with selling off 76 per cent stake in national carrier Air India could truly represent a virtual fall out of its continued ‘dithering’ over adoption of some rational approach towards the divestment process since inception. Interestingly, some ‘self-serving’ political considerations also prompted the government to make such a face-saving announcement. The failure to attract any bids till date could be found in its sheer keenness to ‘have the cake and eat it too’ in the