Air India is India’s National carrier. At one time The
Maharajah was a symbol of courteous treatment and efficient
Service. Then it was nationalised and after sometime the rot set in
and today the government wants the private sector to take it over
and improve it or bury it. The government nationalised the banks
and now the banks are in trouble and subservient to the
government in granting loans and favours under influence
without looking at the viability of the proposals.
The institutions which take over Air India may revive it
or sell the assets and take advantage of the real estate
which it possesses. The persons who will be directly affected by the sale of the PSU
are its employees. Fundamentally the equation is that every organisation
has to fund itself and not depend on doles or infusions from
the taxpayers money. Thus all classes and categories of
employees must sit and discuss how to make the institution viable
and avoid political influences and pressures. There should be only
one party and that belongs to the entire organisation. The employees
must sit together discuss how to cut costs, tighten their belts,
improve the service and function, and make the organisation viable
in this competitive world. This is the only solution and
it can be done provided all the employees unanimously agree to work
and tighten their belts by taking reduced salaries, no perks
till the the organisation regains its feet to a comfortable financial position
with a safe and good reserve in finances. This is the only answer
to Air India and other organisations which are in the red.