Alleging corruption and a threat to ‘national security’, the BJP MP had filed a petition against sale of Air India to the winning bidder, a wholly owned subsidiary of Tata Sons.
Yadav sought to attach the new tag to the government amid the opposition's earlier one losing its shine, seeking to take on the BJP in UP CM Yogi Adityanath's stronghold Gorakhpur.
Cairn Energy has sued Air India in the US to recover its $1.2 billion arbitration award. This has raised questions around the stake sale of the national carrier.
Each employee will have to contribute at least Rs 100,000 to the bid. Air India has been on sale since 2017 when PM Modi’s cabinet allowed to sell all or part of the airline.
Aviation Minister Puri and Secretary Kharola said that 15% of Air India's value has to be paid in cash, while the remaining 85% will be taken as debt by the bidder
Swadeshi lobbies like Swadeshi Jagran Manch, Bharatiya Mazdoor Sangh and sections within BJP have already opposed Air India sale over national interests.
BJP leader Subramanian Swamy has called the Modi government's plan to sell Air India “anti-national”, while Congress leaders said India is on “brink of bankruptcy”.
Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.