Air India needs to be privatized; Employee cooperation is important: Hardeep Puri tells union representatives
MUMBAI: The government has no choice but to privatize Indian air As he has a debt of around Rs 80,000 million and needs the cooperation of employees to carry out the privatization process, Minister of State of Civil Aviation. Hardeep Singh Puri It is said that he told the airline unions on Thursday.
In a meeting with about 13 Indian air unions In Delhi, Puri also said the government was trying to address employee concerns regarding issues such as labor protection after privatization, a union representative said.
"The minister said that Indian air has a debt of Rs 80,000 crore and no expert has solution to that. In this situation, privatisation is the only choice left for the government," one of the union representatives told PTI after the meeting, which lasted for an hour.
He also said that Puri sought the cooperation of all airline unions to carry out the divestment process of the national airline.
Last week, a senior Indian air official said the airline might have to go out of business in the manner similar to the now-defunct Jet airways If a new investor does not join June.