Long Back the TATA's had offered to own and operate Air India but the Government turned down the offer and preferred to run the airlines themselves. Initially when there wasn't much competition, the Maharaja had his days of glory...even Indian Airlines (Domestic) had its fair share of earnings but as competition opened up and Private Airlines started operations...the Maharaja which was being run by bureaucrats who had limited activities of their brain did not foresee the changing scenario and continued with the same old and outdated policies. Besides the Government's interference quite so often in policy matters and the free ride for Air India staffers as also the Government ensured that Air India and Indian Airlines remained Government sector career for the government. At one point of time the rules in Government offices were clear - LTC reimbursement only for undertaking travels in Government career ie. Indian Airlines/Air India.
When the Courts are coming down harshly on Businessmen for fraudulent practice ( Satyam/Sahara/Stock Exchange scam: Harshad Mehta...Rajan Pillai of Britannia was put behind bars and died there ), why no bureaucrat or the aviation minister is not given the honor of tasting the meal behind bars?
Regards,
Stephen
Stephen Narayanan
Freelance Educational Consultant/Corporate Training facilitator
Mob.:-9868386192
On Sun, Jul 16, 2017 at 6:16 PM, Dr. S. S. Dey <drshibshankar@gmail.com> wrote:
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........Thanks and Regards,Dr. S.S. Dey
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