Letter to BS: Modi govt gives debt-laden Air India's revival a last shot

The mere presence of a single government nominee on the board will be enough to ensure that his diktat works

This refers to “Govt plans autonomous AI board, with a rider” (October 8). This is bad news for the government’s disinvestment drive. After several years of tom-tomming the sale of its loss-making and debt-ridden behemoth, the government seems to have finally buried the plan. The move may have been triggered because buyers have not come forward but if one reads between the lines, the government seems to have chickened out perhaps due to pressures from the workers’ unions and the lack of interest from politicians and bureaucrats to let go of it. Honestly, it is just too good a legacy