The NITI Ayog has recommended strategic sale of Air India, the national carrier, as part of its revival. The so called justification is that Air India is in loss and that it has a debt of about Rs. 50,000 to Rs.60,000 crore.
The loss is only due to mismanagement and anti-PSU decisions of government. CBI is looking in to the loss of Rs. 70,000 crore to Air India due unnecessary purchase of about 111 planes during UPA GOvt. Profitable air routes have been transferred to private companies causing huge loss to central government.
Instead of punishing the culprits for the loss, govt is moving to sell the PSU. Oppose and defeat this sinister move and save the PSU.