The Govt. should remember that any Bailout is at the expense of taxpayer's money and at the cost of some other development programme in the country. Is there a guarantee that the airlineand it's highly unionised employees will wake up to the harsh realities after any infusion of funds and run the airline professionally? I strongly feel that with the 'Chalta-Hai' attitude of it's employees, it is unlikely that any bailout plan would help Air India. And moreover, why should the common taxpayer suffer due to the neglegence of AI's officials towards mordanization and fund the travel plans of our lousy politicians and IAS officers. Hence the bailout idea should be resested by all of us.
The malaise that plagues Air India is political interference in its internal affairs. Without governmental interference, it could survive and surmount all odds. The large aircraft acquisition ordered was with the sanction of the civil aviation ministry and with the government standing surety, but now the same government has proposed pruning the order. The best solution would be to privatise the airline and free it from any government control whatsoever, not to bail it out.
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2 comments:
Yaar, these people charge heavy taxes and expect us to nodd to whatever they say. India's folish policies suck. People are loosing jobs all around, still congress can justify spending 5000 crores on sluggish AI. I totally agree with u man.
Correct your figures Anurag, AI ahs asked for a 10,000 crore bailout not for a 5000 crore one. Anyway, I agree with Ram's suggestion that AI should be privatised and taxpayers money shouldn't be misused.
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