HomeNewsIndiaAir India disinvestment, petrol price rise to feature in RSS-BJP-Govt coordination meeting

Air India disinvestment, petrol price rise to feature in RSS-BJP-Govt coordination meeting

Disinvestment of Air India and rise in prices of petrol and diesel are likely to feature in an important coordination meeting of the RSS, BJP and the government scheduled for tomorrow.

May 28, 2018 / 20:38 IST

Disinvestment of Air India and rise in prices of petrol and diesel are likely to feature in an important coordination meeting of the RSS, BJP and the government scheduled for tomorrow. BJP president Amit Shah, Finance and Railways Minister Piyush Goyal, and Commerce and Civil Aviation Minister Suresh Prabhu are among those likely to attend the meeting. It will be chaired by RSS joint general secretary Krishan Gopal.

The sangh's economic group, comprising Bhartiya Mazdoor Sangh, Bhartiya Kisan Sangh, Laghu Udyog Bharti and Swadeshi Jagran Manch, will present their reports and feedback on various economic policies of the government.

Sources said that the issues of Air India disinvestment and rise in prices of petrol and diesel would feature in the meeting.

Earlier, RSS chief Mohan Bhagwat had categorically said that Air India should not be sold to a foreign buyer.

Bhartiya Mazdoor Sangh and Swadeshi Jagran Manch (SJM) have also opposed its disinvestment in the current form.

According to the SJM, Air India has operating profits, but is running into losses due to its debts. It suggested that government should monetise the assets of the national carrier to repay its debt.

The Centre has invited 'expression of interest' to sell 76 per cent stake and management control in the airline.

The Indian government owns 100 per cent equity of Air India. The government has injected more than Rs 23,000 crore since 2012 to bail out the airline.

PTI
first published: May 28, 2018 08:25 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347