Monday, 10 November 2014

Privatisation of Air India- The New Draft Civil Aviation Policy


THE MEDIA SCREAMS….. THE CLAMOUR GROWS…—WITHER AIR INDIA PRIVATISATION ??

But the government, as always, dilly-dallies….!! Uncertainty, indecisiveness continues to bog the move SHOULD-IT or SHOULD-IT-NOT……!!

Read on, the emerging contours of the new Civil Aviation policy ….. 

What the Minister, Hon Shri Raju said….. 

THE ECONOMIC TIMES…. “…As far as Air India is concerned, we will bring in professional management into the company,  

TIMES of INDIA…… “…….Privatization of national carrier Air India will not happen immediately, but cannot be ruled out in future and there have been suggestions from various quarters in this regard,…….He said that an expert committee will be constituted to develop the future roadmap for Air India.

 "It is essential to ensure that the national carrier achieves its full potential,"  

 THE ECONOMIC TIMES….—“ Regarding privatisation of Air India… this was a suggestion made by "certain sections. While some say privatisation is a solution, others say it should remain with the public sector. Another section says the airline should be managed professionally by professional bodies."

"If it could get listed, I would be the happiest person".

“…an "in-house" Experts Committee would be set up soon to develop "a future roadmap" for Air India,….It is in the country's interest that it cruises smoothly. All these suggestions have emerged. We don't want to open a pandora's box. We will have to take a conscious decision as it is a delicate matter." 

LIVE MINT -  “…The civil aviation ministry plans to list India’s biggest airport and helicopter operators Airports Authority of India (AAI) and Pawan Hans Helicopters Ltd, respectively, on the stock exchanges early next year and will also consider Air India for the same, 

INDIA BLOOMS… “….the Minister maintained that keeping in line with Prime Minister Narendra Modi's reform policy, Air India may be privatised in the future…… 

INTERNATIONAL BUSINESS TIMES……” there were suggestions for the privatisation of Air India from several quarters,  it cannot happen immediately and that an expert committee will be set up to chart out the future plan for the national carrier….. 

Ib times……"It is essential to ensure that the national carrier achieves its full potential," 

What the others said said…..

Sitaram Yechury, Senior CPI—M leader……

…. "The Left will insist on saying that the reason for Air India to continue to make losses is because of wrong decisions by the Government of India. For that they cannot penalize a commercial organization,…. Any step of this nature would be completely detrimental for national interest and for the interest of lakhs of people who have contributed to keep our national flag flying in the air. So, this will be very seriously objected to both inside the Parliament and outside the Parliament,"

So finally there we are ! Return of the see-saw ! The cauldron has started simmering even before the full fire is on. On the one hand the government is undecided and vacillating….and on the other the Comrades, who have to keep themselves relevant, come what may !

For the government privatising Air India is indeed a highly sensitive issue, and a very major decision. But then what are the options ? Frankly – NONE !

Government cannot run it or manage it. We have seen that in the last 5 years. Air India has gone beyond redemption. It has simply become unmanageable. No might, no professional can ever pull it out from the mess it is in – and least of all the bureaucrats and the Ministry.  Appointing yet another committee to revive it, would be a wild goose chase. Hasn’t the current management tried and applied all solutions possible ! What more will another committee do ?

For the government, starved of resources, it is indeed a colossal waste of good money, as in its present structure and state it can never make money. That’s a pipe dream. Hence the government should just sell it off, rather than nurturing it.

Such a move will not only be good for the country, the tax payer and the Indian Aviation industry also, but will be in the good of Air India, too.

 

Friends the story has just begun. Let us wait and watch !!

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