[
Hot ] Air
India ?
By 5 pm yesterday, not a single party had submitted its
EoI ( Expression of Interest ) , to buy
out Air India
NEWS PAPER
HEADLINES :
Times of India / “
No takers for Air India as deadline expires
Economic Times / Govt
fails to get any bids for majority stake buy in Air India
DNA / It’s back to Rs 10 cr daily loss at AI
PAST COMMENTS :
* Ashok Gaja
pathy Raju ( Civil Aviation Minister ) /
28 Jan 2018
“When our exercise of
calculating Air India’s debt began, we found that the sum was hovering around
the Rs 50,000 crore mark. But I won’t be surprised if the total debt reaches Rs 70,000 crore. Since people are looking at
the books carefully, they may find more,”
“ According to me, Air India is a debt trap. I said as much in Parliament as well “
In June 2017 , Shri Raju said :
“ There are hardly any bakras around, so to get one is difficult and businessmen are businessmen “
* Civil aviation secretary R.N. Choubey
To Mint in Jan 2018 , ……..A foreign firm has sent “unsolicited” letter of interest for Air
India.
On May 10, …
…….“ There is a great deal of interest for Air
India “
================================
CURRENT COMMENTS :
* Shri R N Choubey ( yesterday )
“ It ( no response ) did not meet expectations of
participation that we had . Inputs will be taken on what went wrong , and the
plan is to reach the alternate mechanism ( AI GoM ) for solutions within a
couple of weeks “
* Aviation
Ministry tweet
“ Further course of action will be decided appropriately
“
* Shri Suresh
Prabhu / Shri Jayant Sinha
No comments
MY SUGGESTION :
Remains , more or less , the same as per my following
email to the Cabinet Ministers :
Finding
a Bakra ? Possible ? [ 04 June
2017 ]
Air India
: A Pride ? [ 09 Jan 2018 ]
https://myblogepage.blogspot.com/2018/01/air-india-pride.html
And as far as getting rid of those
20,000 + employees is concerned , I suggest that the Govt announce a VRS scheme
, which is normally , “ One month’s salary for each completed year of service “
I believe , Air India’s annual
salary-wages bill is approx. Rs 2,840 crore
So , may be , at a burden of Rs 5,680
crore , govt could ( on an average ) , pay a VRS sum of 24 months’ salary to
each member of staff
Of course , I don’t expect anyone in
NDA to seriously consider my suggestion since it would be “ politically
incorrect “ , what with recent debacle in State Assembly polls and the looming
2019 elections
It would be much easier to convince
the 840 million voters to keep forking out Rs 10 crore per day of tax payer
money till 2019 elections
Will ED – CBI – IT – SFIO etc, ever get
around to unearth “ which politician made how many thousand crore “ by
purchasing / selling / leasing back , hundreds of Air crafts which Air India ,
just did not NEED ?
If they do
, expect that life-threatening “ MahaGathBandhan “ to lose a lot of steam !
01 June 2018
www.hemenparekh.in
/ blogs
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