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Jamaat-e-Islami Hind says disinvestment path will lead to economic enslavement, raises concern over sale of Air India to Tatas

Posted on 09 October 2021 by Admin_markaz


New Delhi, 09 Oct. 2021: Expressing concern over the sale of India’s national air carrier Air India to the Tatas, Jamaat-e-Islami Hind (JIH) has said that the disinvestment path will lead to the economic enslavement of the people.


In a statement to the media today, JIH Vice President Prof. Salim Engineer said: “We are extremely concerned over how our nationalized assets are being sold to private companies, the latest being our national air carrier Air India which is now under the ownership of the Tatas. The narrative peddled by the government is that “the government has no business to be in business” and that it is selling the loss-making public sector undertakings to private players to save taxpayers money. However, Jamaat-e-Islami Hind would like to point out that this approach will lead to an oligopolistic and monopolistic market that will ultimately deprive the ordinary citizen of his rights and result in giving a fillip to crony capitalism. Worker rights and employment opportunities will take a hit and the aim of India becoming a socialist republic striving to be a welfare state will recede. The apprehension among a large section of people regarding the government is proving true namely that it is failing in managing its own departments that are very important for the public benefit and that it is working under pressure to serve the interests of big industrialists at the cost of common people’s larger interests. We urge all concerned citizens to unite and oppose the disinvestment strategy of the government as the path of neoliberal capitalism leads to neoimperialism and the economic enslavement of its people.”


سرکاری کمپنیوں کی نجکاری، معاشی غلامی کے مترادف

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