AITUC alleges govt may sell Air India for cheap

Mumbai: Accusing the Modi Government of planning to sell flag carrier Air India for "smaller" price, country's oldest trade unions federation AITUC on Friday urged the government to drop the move, which has failed to attract a buyer twice in the past.

The All India Trade Union Congress (AITUC), in its statement, also dubbed the decision as "political" one, taken on behalf of the "corporate masters," which applies to all the PSUs and not just to Air India.

The AITUC statement came a day after civil aviation minister Hardeep Singh Puri said that the national carrier should be run by the private sector. "This very Government has failed twice before in selling off Air India. This (complete privatisation), then is a signal that the government will settle for a smaller price that is how corporate cartels pressurise the government," AITUC alleged in the statement.

Puri had said on Tuesday that people are very "interested" in acquiring Air India and he has been receiving calls from all over the world.