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”.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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