After it has become crystal clear to every body that the Air India / Indian Airlines have come down to the present position only due to the wrong and anti-PSU policy of the government and the then Civil Aviation Minister Praful Patel, the Government is making announcements every day that it is making efforts to bail out the company.
In today’s newspapers it is reported that the Group of Ministers (GoM) have recommended an amount of Rs.25,000 crores to Air India to rejuvenate it. The amount is to be paid within the next ten years. It means about Rs. 2,500 crores only in a year. Air India has a debt of about Rs. 42,350 crores including the Air Craft purchasing loans, payment to be made to the oil companies, to the air-port operators etc. And the Government is only thinking of giving a pittance of Rs 2,500 crore!
At the same time, the government is continuing to decimate the Air India, even stripping of its profitable routes. The latest report is that more than five highly profitable route of Air India from Thiruvananthapuram and Kochin to foreign destinations, including Gulf countries, are going to be allotted to private airlines. This is the real policy of the government.
Whether the new Civil Aviation Minister Vayalar Ravi is also continuing the line of Praful Patel to decimate the Air India, the government’s own company?