SJM opposes PSU disinvestment, Air India stake sale

Our Bureau Updated - June 10, 2019 at 06:48 PM.

Asks the government to support the stressed PSUs and expand their businesses

The Swadesh Jagran Manch (SJM) has opposed the centre’s proposals regarding disinvestment of public sector undertakings (PSUs). This was reiterated at a resolution passed at the SJM’s National Council Meeting in Pune.

SJM is an affiliate of the Rashtriya Swayamsevak Sangh that deals with economic issues. The resolution said, SJM firmly believe that the government rethink on their recent proposals of disinvestment of 92 CPSEs as suggested by NITI Aayog.

“SJM further strongly urges upon the government not to go ahead with its plan to disinvest these strategically important subsidiaries of Air India and rather support them to expand their businesses by claiming back their businesses given to private parties earlier. For example ground handling business of key airports given to AISATS, a Singapore funded company during UPA regime,” a statement from the SJM said.

Published on June 10, 2019 05:24