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Saturday, May 25 2013
Tackling Poverty
IT is tempting to wonder how much of an appetite Barack Obama will have for dinner on Thursday evening (17May). That afternoon, ahead of the two-day meeting of the G8 at Camp David, which kicks off on Friday, he will announce what is currently being called "the new alliance to increase food security and nutrition"...
A MARKET SOCIETY
PORING through Harvard philosopher Michael Sandel's new book, What Money Can't Buy: The Moral Limits of Markets, I found myself over and over again turning pages and saying, "I had no idea." I had no idea that in the year 2000, as Sandel notes, "a Russian ...
Al Watan - Arabic Newspaper
Jamila - Monthly Women Magazine
Nation Business Sports Chill Out
Air India Pilot’s Strike

LURKINGin the motto of the Indian Pilots’ Guild (IPG)- not for oneself, but for all — may be a solution to Air India’s troubles.

Since Jitendra Awhad, IPG chief, is already dictating terms, why not let him play a larger role, take over the civil aviation ministry? His counterpart in the Indian Commercial Pilots’ Association (ICPA) could be MoS, and the CMD of AI could serve them as civil aviation secretary. It would be the logical conclusion of the arduous efforts the government makes to keep AI top dog.

The last installment of the government’s largesse to the “national carrier” was the Rs 30,000-crore bailout, euphemistically called a “restructuring package”. Its underlying assumption: that an airline with a Rs 44,000-crore debt burden, which had lost Rs 6,994 crore in FY 2010-11 and had yet perpetuated free and discounted tickets for the extended families of its staff, knows best what to do with the money. Till only the other day, the government had also reserved all lucrative routes for AI and preserved its right to first refusal on bilaterals, leaving only crumbs for eager private carriers.

It didn’t matter that, say, 75 per cent of flying rights on the profitable Middle East route remained unutilised, or that only 10 per cent of seat capacity was used for Europe. Even more, an FDI exception has been maintained for civil aviation, allowing 49 per cent FDI but preventing foreign airlines from holding equity in Indian carriers.

So, the government can rest easy that, notwithstanding the CAG’s reprimand on its supposed unfairness to the “national carrier..
a symbol of the state”, it has done everything possible to ensure a more than level playing field for AI, to say nothing of yielding every time the unions bullied and blackmailed.


Tackling Poverty
Enforce Volcker Rule
Reading Alexander Pushkin

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