A fantastic caption 'Maharaja for Sale' appeared a few weeks back in all the leading news papers. Its about Finance Ministry's approval to sell 'Air India'. The decision to dispose the airline was attributed to mounting loss..... Well, the Government didn't think that they are selling Nation's pride also. With common sense one can understand that any business will have ups and downs. There are many private companies which are running successfully for over 100 years. How are they able to survive and sustain up till now. Even Private Airlines in our Country are able to see thru difficult periods and keep themselves floating.
Why Air India ( owned by Government of India) is struggling to fly even after pumping in funds? Is the cockpit eating the money or the tail.....? A classic example of Financial Mismanagement and a tremendous display of inefficient top management. Mounting loss is nothing but corruption at its very best. Is the Government not aware that financial management is of paramount importance for a business success?
There are hundreds of big companies who rank in the elite list of tax defaulters. The Government protects them with an excuse that if they are rattled it will collapse our economy. What a shameful act. The current Government is blindly copying Western world policies and its culture. Appears to be an onset of senile dementia........
-- Why Air India ( owned by Government of India) is struggling to fly even after pumping in funds? Is the cockpit eating the money or the tail.....? A classic example of Financial Mismanagement and a tremendous display of inefficient top management. Mounting loss is nothing but corruption at its very best. Is the Government not aware that financial management is of paramount importance for a business success?
There are hundreds of big companies who rank in the elite list of tax defaulters. The Government protects them with an excuse that if they are rattled it will collapse our economy. What a shameful act. The current Government is blindly copying Western world policies and its culture. Appears to be an onset of senile dementia........
Thanks and Regards,
Dr. S.S. Dey
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