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Sitaram Yechury hits out at Centre over Air India sale, calls it ‘relentless loot

Prime News, National, Aviation Industry, Business, Finance, New Delhi, Oct 12:- The Communist Party of India (Marxist) on Monday (October 11) hit out at the government over the sale of Air India to the Tatas, claiming that it was a “gift” to the group from the Centre and a “daylight highway robbery” of national assets.

Addressing a press conference, CPI (M) General Secretary Sitaram Yechury alleged that the airline’s burden of Rs 46,262 crore will be left to the people of the country.

“The central government continues with its relentless loot of India’s national assets. The iconic national flag carrier, Air India, has been sold to the Tatas. This sale is tantamount to giving a free gift to the Tatas by the Modi government. This is daylight highway robbery of national assets.

“The Tatas will inherit Rs 15,300 crores of debt, which will surely be restructured, paying the central government a mere Rs 2,700 crore for the national carrier, with all its core assets,” Yechury said.

The remaining debt of Rs 46,262 crore will be the burden of the government, which means the people will have to bear this, he claimed. (MR, Inputs: Agencies)

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