Swamy takes swipe at Centre for move to sell AI | Bhubaneswar News timesofindia.indiatimes.com

timesofindia.indiatimes.com

Bhubaneswar: “Air India is not making profit. The Government of India is also not making profit. Will you wind up the government because it is making losses?” asked BJP leader and Rajya Sabha member Subramanian Swamy while delivering the 18th Nalco lecture series on ‘Relevance of PSUs in shaping new India’, here on Saturday.
Swamy said Air India was making profit till 2004. “Unlike private airlines, Air India serves the country in different situations. Recently, employees of this airline bravely airlifted Indians from Wuhan in China and saved them from possible coronavirus infection. It also rescued nationals of other countries. These tasks cannot be done by private airlines,” Swamy said.
He said PSUs should move beyond profit making and focus on multi-dimensional objectives. “There are certain sectors that can be explored and developed by public sectors only. PSUs also need to be ready to compete in terms of commercial principles. Government should give freedom to the PSUs to take decisions,” he added.
He said the country should give priority to agriculture because it is the bedrock of our economy. “A public sector unit should be established to prepare good seeds for farmers and package agriculture produce for proper marketing.”
Talking about the economy, Swamy said, “Our country’s economy should grow by 10 per cent per year. Even 7 per sent GDP growth is not enough for India. We need a new outlook for development of our country.”
Talking about Odisha, the BJP leader said the Centre should help the state government resolve unemployment issues. “The Centre can set up more PSUs in the state. Research institutions should be established here. Micro, small and medium enterprises (MSME) need to be set up in the state for generation of employment. Loans with lower interest rate should be given to these MSMEs,” he added.
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