A Quote by Subramanian Swamy
The effect of the foreign direct investment of Etihad in Jet Airways and the implied bilateral agreement of air services between India and the UAE has primarily damaged Air India, which is a government-owned airline with huge assets that are extremely valuable.
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The Ministry of Civil Aviation should strongly recommend to the cabinet that Jet Airways should be merged with Air India, not only to ensure air services are not restricted but also to enable Air India to recover its former premier position.
Our policy is not to discourage the private sector, but to see that Air India plays the role of flagship in the industry. In the transport sector, Air India is the 'fate of India' and all efforts will be made to restore its past glory.
I do believe that India needs a lot more foreign direct investment than we've got, and we should have the ambition to move in the same league many other countries in our neighborhood are moving. We may not be able to reach where the Chinese are today, but there is no reason why we should not think big about the role of foreign direct investment, particularly in the areas relating to infrastructure, where our needs for investment are very large. We need new initiatives, management skills, and I do believe that direct foreign investment can play a very important role.
We are extremely focused on building some of the assets which are going into mid-India, semi-urban and rural, and that's our DNA. We are building a retail bank, and a lot of the deposit base is still in urban India.
Many characters in the novel are representative of types that exist in India. He represents the caste system in India with an air of superiority, the caste system in India and the people thinking that western things are better.
The U.S. government doesn't build your computers, nor do you fly aboard a U.S. government owned and operated airline. Private industry routinely takes technologies pioneered by the government and turns them into cheap, reliable and robust industries. This has happened in aviation, air mail, computers, and the Internet.
Any bilateral trade and investment agreement must be comprehensive and address the full range of barriers to U.S. goods and services if it is to receive broad, bipartisan congressional support.
The Modi government believes that the industrialist, the capitalist, has to pay for the assets of the government which belong to the people of India.
There are really at least two Indias, there is an India or a shining India the one which the west seas usually through urbanize and there is an India outside some of the big metro policies and in even the tier two cities and in rural India which is completely different. It goes by the name of Bahar which is a traditional name for India.
The government has to be flexible in Air India sale price, structure, and employee management plan.
So far as we are concerned, there is not one word in the statements that I have made in this council which can be interpreted to mean that we will not honour international obligations. I want to say for the purpose of the record that there is nothing that has been said on behalf of the Government of India which in the slightest degree indicates that the Government of India or the Union of India will dishonour any international obligations it has undertaken.
In India, all public servants employed by the central or a state government or any other public authority under their control are required under the relevant civil service rules to submit returns of movable and immovable assets owned by them and their immediate family.
I had opposed the Jet-Etihad FDI arrangement on the ground of the disproportionate share of airspace given to Etihad, which is against the interest of domestic passenger traffic and also against national interest.
The alliance with air Berlin is attractive for me. I can use the whole sales network of the air Berlin and 24 percent of my own airline at air Berlin sold.
The world wants India to remain an import-based economy. Then India can be a dumping ground where gold can be dumped and other commodities such as oil and gas. They look at India as a huge market.
The good news is that the Paris Agreement is not just a bilateral agreement between the United States and some other country. You have 200 countries who came together. It's an international agreement.
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