P Chidambaram says Centre totally confused on Air India assets sale, should sort out its mind

New Delhi: Senior Congress leader P Chidambaram on Monday alleged that the government was "totally confused" on the Air India assets sale and asked it to "sort out its mind" before attempting to tackle the problem.

The former finance minister said, "As far as Air India is concerned, it is not clear to me what they intended to do. It is neither privatisation, nor an arrangement to run it as a joint venture." "Without a clear policy objective, you cannot succeed in selling 74 per cent. You must have a clear policy objective," he told reporters here.

He said he was not not clear what the government's policy objective was and alleged that it was "very confused and left everybody confused".

"When the market is totally confused about the objective of the government, nobody is going to bid... I think the government was totally confused about what it wanted to do. "First it must sort out its mind before it attempts to tackle the Air India problem," he said.

Chidambaram also took a dig at the Civil Aviation Ministry for putting out a statement even 24 hours before the bidding was due to close, claiming that there will be a flood of applications in the last 24 hours.

Updated Date: Jun 11, 2018 21:26 PM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See