AI disinvestment: Subramanian Swamy calls decision ‘anti-national’

by news
January 27, 2020

New Delhi: BJP MP Subramanian Swamy has stood against his own party and slammed the central government’s move to sell 100 percent stake of the national carrier Air India.

While the Congress said that the Modi government has no money and is selling all assets, taking the opposition’s side, firebrand leader Swamy tweeted that he will be forced to move the Court.

Swamy has also called the decision ‘anti-national’.

“Air India disinvestment process restarts today. THIS DEAL IS WHOLLY ANTI NATIONAL and I WILL FORCED TO GO TO COURT. WE CANNOT SELL OUR FAMILY SILVER (sic),” said Swamy.

The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment with the deadline for submitting an expression of interest set as March 17.

As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low-cost airline Air India Express and 50 per cent shareholding in joint venture AISATS, as per bid document issued on Monday. Management control of the airline would also be transferred to the successful bidder.